FAQs Overview

What is the Property Tax Rate for a Condo in Woodland Hills, CA?

Simply, the tax rate is 1.25% of your purchase price paid in 2 installments to Los Angeles County Tax Assessor. 

The Following year, the purchase price, for property tax calculations can go up a maximum of 2% per year during periods when property values are increasing and then taxed at 1.25%.  This is the law under Proposition 13 in the state of California.  There are some areas that have additional taxes known as Mello Roos.  These areas would have higher taxes than 1.25% in total.


What is the First Step in the Condo Buying Process?

The First Step in the Condo Buying Process is getting Pre-Approved for a loan with a lender for a loan (unless your purchase is all cash).  I can refer you to several qualified Mortgage Specialist.


What is the MLS?

MLS Stands for Multiple Listing Service.  It is where you can find all Active Inventory of Condos for Sale.  Click Here for the Best MLS


Who Pays the Brokers’ Commissions in a Condo Sale?

Generally, the Seller pays the commissions for both the Listing Agent and the Buyers Agent.


How Can I determine the Value of My Home?

We have a great tool called the CMA from Cloud CMA.  It can help you determine the value of your home in a few easy steps!  Find it by clicking RIGHT HERE.


I am interested in Buying or Selling a Condo in Woodland Hills - Who do I contact?

If you are interested in Buying or Selling a Condo in Woodland Hills or nearby, contact Todd Riley - Equity Union Real Estate - Your Woodland Hills Area Condos Specialist.  818.538.6331 Todd@ToddRiley.com


 Todd Riley – Woodland Hills Area Condo Specialist

Todd Riley Woodland Hills Area Specialist Signature