The 2026 Assessment Roll for Los Angeles County reflects a 4.42% increase in value, resulting in the sixteenth consecutive year of growth.
The gross assessed value reached $2.367 trillion, and the net taxable assessed value, after exemptions (charitable, homeowners, disabled veterans, etc.), is a record $2.272 trillion, which is $96 billion greater than 2025.
Culver City’s numbers increased, changing from an assessed valuation of $18,342,071,231 parcels in 2025 to $19,207,311,991 in 2026, for a total of $865,240,760. That is calculated as an increase of 4.7%, looking at Parcel Counts for Single Family residences as 10,439, residential income as 1,500 and commercial/industrial lots as 1,482, for a total of 13,421 parcels.
Included in the 2026 Assessment Roll are nearly $95 billion in total exemptions, translating to over $948 million in tax savings for Los Angeles County property owners at the 1% tax rate. This significant benefit includes approximately 15,000 institutional exemptions (church, religious, welfare) amounting to $87 billion, more than 9,100 disabled veterans’ exemptions totaling $1.6 billion, and approximately 891,000 homeowners’ exemptions providing over $6.3 billion in total reductions.
The majority of properties in Los Angeles County, approximately 2,250,000 parcels, will see an increased assessed value of only 2%, the annual inflation-adjusted trend, to account for inflation. This is consistent with Proposition 13 requirements, which limit increases to a property’s base value to the lesser of 2% or the actual change in the California Consumer Price Index (CPI).
Exceptions to the CPI adjustment are properties that have experienced new construction or a change in ownership, and properties that previously received a temporary decline-in-value adjustment. Under Proposition 8, adopted by California voters in 1978, the Assessor is required to reduce a property’s assessment to fair market value when its market value declines below the previously established base year value adjusted by the annual inflation factor. Conversely, the Assessor is required to “restore” the trended base year value as market conditions improve.
The Assessment Roll is the foundation of the County’s property tax system. Local property taxes generated based on the Assessment Roll are used to fund critical government services, including education, public safety, healthcare, and infrastructure improvements.
In 2025, almost 16,000 properties were assessed below their trended base year values. After fourteen consecutive years of recovery, Proposition 8 decline-in-value assessments have stabilized at their pre-recession levels. In 2026, 0.66% of total real estate parcels, or just under 16,000 properties, continue to be assessed below their Proposition 13 trended base year value.
The recovery and stabilization signal positive news for property owners, who are generally experiencing continued growth in their property values.
Judith Martin-Straw
Additional text Stephen Whitmore, LA County
