L.A. County property assessment total hits record $1.997 trillion

[ad_1] Property values for most Los Angeles County owners increased for a 13th straight year with a 5.91% bump to the 2023 assessment roll, bringing the total value to nearly $2 trillion, the county assessor announced Thursday. The roll includes all taxable property within the more than 4,000-square-mile county and is valued at a record … Read more

L.A. County settles PACE lawsuits; homeowners to get millions

[ad_1] Los Angeles County has agreed to a $12-million settlement to resolve allegations that its home improvement lending program wrecked the finances of many borrowers and left them vulnerable to foreclosure. The settlement, granted preliminary approval Monday by an L.A. County Superior Court judge, comes six years after some homeowners sued the county in twin … Read more

L.A. County supervisors voted to limit Airbnb, Vrbo and other short-term rentals in unincorporated areas

[ad_1] Airbnbs and other short-term rentals in unincorporated areas will be restricted to hosts who are renting out their primary residence, under a proposal that gained preliminary approval from the Los Angeles County Board of Supervisors on Tuesday. Officials say the rentals have proliferated across the county’s unincorporated areas, sometimes leaving a trail of raucous … Read more

In Kern County, an abandoned church gets a second life as housing for former foster youths

[ad_1] OILDALE, Calif. —  The church on Oildale Drive and Minner Avenue has stood on the corner since 1954, built after an earthquake damaged the Oildale Church of Christ’s building. Since then, the church has passed through a variety of denominations and congregations until it was abandoned in 2021. But the Kern County Housing Authority saw … Read more