550 S Hope St, Los Angeles, CA 90071-2627


Address: 550 S Hope St, Los Angeles, CA 90071-2627

550 S Hope St, Los Angeles, CA 90071-2627 (Parcel #5151026024) is a property in the County of Los Angeles. The assessed value is 248533198.

Property Overview

Assessor Identification/Parcel Number (AIN/APN) 5151-026-024
Tax Rate Area 00211 - LOS ANGELES
Street Address 550 S Hope St
Los Angeles
CA 90071-2627
Zip 90071-2627
Property Use Type C/I - Commercial/Industrial
Property Use Code 1708
General Use Type Commercial
Specific Use Type Office Building
Specific Use Detail Over 20 Stories
Building Data Lines 1
Year Built 1990
Effective Year Built 1990
Main Structure Area 628,312 SQFT
Recording Date 2014-12-24
Total Value 248533198.00
Total Exemption Value 0.00
Net Taxable Value 248533198.00
Land Value 25733541.00
Land Base Year 2015
Improvement Value 222799657.00
Improvement Base Year 2015
Total Land Improvement Value $248533198.00
Homeowners Exemption $0.00
Real Estate Exemption $0.00
Fixture Value $0.00
Fixture Exemption $0.00
Personal Property Value $0.00
Personal Property Exemption $0.00
Taxable Parcel Y
Administrative Region 23
Cluster 23636
Parcel Boundary Description TR=9181 LOTS 1 THRU 5 AND SUB-SURFACE POR OF VAC ST

Property Assessment History

Year Total Value Increase % Land (Base Year) Improvement (Base Year) Total Exemption Taxable Value
2006 89358861 0.00% 14021340 (2015) 75337521 (2015) 0 89358861
2007 91146037 2.00% 14301766 (2015) 76844271 (2015) 0 91146037
2008 134640000 47.72% 16320000 (2015) 118320000 (2015) 0 134640000
2009 124000000 -7.90% 15000000 (2015) 109000000 (2015) 0 124000000
2010 124000000 0.00% 15000000 (2015) 109000000 (2015) 0 124000000
2011 124000000 0.00% 15000000 (2015) 109000000 (2015) 0 124000000
2012 160650000 29.56% 22950000 (2015) 137700000 (2015) 0 160650000
2013 163961044 2.06% 23409000 (2015) 140454000 (2015) 0 163961044
2014 164861683 0.55% 23515276 (2015) 141091661 (2015) 0 164861683
2015 167895783 1.84% 23985111 (2015) 143910672 (2015) 0 167895783
2016 243659999 45.13% 25228962 (2015) 218431037 (2015) 0 243659999
2017 248533198 2.00% 25733541 (2015) 222799657 (2015) 0 248533198
2018 253503861 2.00% 26248211 (2015) 227255650 (2015) 0 253503861
2019 258573938 2.00% 26773175 (2015) 231800763 (2015) 0 258573938

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Dataset Information

Data Provider County of Los Angeles, Office of the Assessor
Jurisdiction Los Angeles County

This dataset includes 2.06 million properties assessed by County of Los Angeles, Office of the Assessor. The data contains property, or parcel, together with value information, which ensures fair assessment of Los Angeles County taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.

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