- 1. Estimate
- 2. Details
- 3. Sign
1425 W 12th St #149
Los Angeles, CA 90015 · 1,030 sq ft · built 1983
We don't see an over-assessment this year. The county's value matches this unit's own recent sale, so we have no case that it is above market.
Filing anyway would spend the county's $46 fee for nothing, and the Appeals Board can also raise a value.
Assessed $499,800 as of January 1, 2026
Satellite imagery · for location only, not a property boundary
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A local property tax expert will review this unit by hand, using recent sales in your building, its size and its condition, and email you the result within 1–3 business days.
How we got this number
What this estimate rests on:
- This unit’s own previous sale price, carried forward to today by a paired-resale index — not sale evidence from other units.
- This unit’s own recorded sale, which is the strongest single piece of evidence there is.
How much weight we put on it: Low — one input only, or a ceiling only, or our inputs disagree with each other. Read the notes below before you decide anything.
Our market estimate for this unit comes in 0.1% above its assessed value.
Our own leave-one-out error is 5.98% at the median, 12.28% at the 75th percentile and 19.36% at the 90th. That error sits on top of every figure on this page, and on a large share of units it is wider than the gap itself.
- The only input is the paired-resale index (bld n=4 4.15%/yr) — this unit's own previous sale price carried forward to today by that index, not sale evidence from other units in the building.
- ⚠️ Our own audit found a structural weakness in this input: two units on the same floor with the same area can come out several times apart in price per square foot purely because they were bought in different years (citywide same-floor dispersion 47%, against 6% for comparable sales in the same building). Treat this unit's figure as indicative, not conclusive — send us the address and we will review it by hand.
- The County's assessed value is within 5% of this unit's own most recent sale price. A real open-market sale is stronger evidence than any estimate we can produce — R&T §110 defines full cash value as the open-market price. So we do not claim this unit is over-assessed. That would take separate evidence that the market fell between the sale date and the lien date (1/1).
These notes are generated for this specific unit from County records and our own valuation inputs. If anything here does not match the unit, email [email protected].
Before you decide
- Everything above is an estimate. It is not an appraisal and not a promise about the outcome.
- The Assessment Appeals Board has the authority to raise the value, though never above the Proposition 13 protected value.
- A comparable sale must have been recorded no later than March 31, 2026. That is a hard rule on Form RP-87.
- Asking the Assessor for a review is free. You can do it yourself and you don't need us.
Parcel number 5137024068 · See other units in this building