Annual Property Taxes and other info about LA county:

http://www.lacountypropertytax.com/portal/contactus/homeownm…

I can't give u any tax advise, but suggestion:

Property taxes in CA (most of 88 cities: LA or BH) for the first year are !basically! 1% of your purchase price, plus any additional local assessments, bonds, etc.
<<<1.25% is a good rule of thumb.>>>
Keep in mind, your assessed value that the taxes are based on might increase by no more than 2% each year, which might increase your taxes slightly( yes, I refer to Prop.13)

Best wishes,
II.

Depends on the exact neighborhood
Info on Beverly Hills below
http://www.homebuyershope.com/beverly_hills_real_estate.shtml

They are determined by how much the home is assessed for based on either its sale price or ...from a few ears ago its reasesed value. You can request reassessment.
Here is Tax info at this site
http://www.homebuyershope.com/custom3.shtml

In LA county it is still 1.25%. cameron.fedderman@era.com

Hi Blynn,

You can go to the city of Beverly Hills website to look for information regarding remodeling and permits,
I have posted the link below for you. Let me know if i can be of further service to you!

Jodie

California legislation passed Proposition 13 back in the 70's making annual property taxes 1 1/4 percent of the purchase price of a property. When the property is sold it is then reassessed at current market value but the annual tax rate remains at 1 1/4 percent of the purchase price. Read more on Prop.13 at http://www.Proposition13.com.

Hi Blynn,

There are no city tax surcharge on property tax in Beverly Hills. With that said, if you'll make improvements and or remodelling, be ready to face the Architecture Committee on the fees, approval and such. We have an office in Beverly Hills, Century21 Platinum and you can check out our website: http://www.c21platinumbh.com and if you need more info re the city or the flats specifically, do not hesitate to e-mail me.

All the best to you,

Laarni