Long Beach Real Estate Blog

The Long Beach City Council is considering a Parcel Tax that would charge each parcel owner and Long Beach home owner an extra $120 per year.

Investors, Income Property Owners and Renters: Listen Up

If you are an investor of income property, the number, you are assessed $120 per unit.  Yikes!!!  All of the residents of Long Beach should run not walk to to the City Council meeting on Tuesday, July 22nd at 5:00 pm to voice their opposition against this purposed Novemeber 2008 ballot measure.  If you are renting a property, vote against this measure.  No one wants to see their monthly rent go up either…

Who wants to pay more taxes? No one I know.  Share this information with everyone you know in the city of Long Beach.  Mark your calendars for  this Tuesday, July 22nd at 5:00 p.m. at City Hall.

City of Long Beach (Map)
333 W. Ocean Blvd,  Long Beach, CA 90802

Tel: (562) 570-6555

Hearing Item # 2 on the Agenda for the Long Beach City Hall on July 22nd, 2008.

Many people ask us about Property Taxes in Long Beach, California…they are going to be about 1.25% of the purchase price unless it is a newer home development.

Then, the Property Tax tends to be higher, if that development was assessed with a tax called Mello-Roos. This extra property tax for newer home developments goes for infrastructure, schools, etc. How much? Well it varies. When you find a Long Beach home that you like and it has a mello-roos tax associated with it, we will check with the listing agent and other sources to attempt to find out what percentage it is. I just like to cover topics like this ahead of time so you know more about it instead of it being a surpize at some point. Not all new home developments in Long Beach have this tax added.