Wildfires wiped more than $9 billion from Los Angeles County’s property tax base in the 2026 assessment roll, reducing taxable value for homes destroyed in Altadena and Pacific Palisades.
Even with that loss, the county still recorded a new high in assessed value, highlighting both the size of the local real estate market and the scale of the rebuilding ahead.
What happened?
The 2026 Assessment Roll is expected to generate more than $27 billion in property taxes for schools, public safety, health care, libraries, parks, and other local services.
On July 14, Los Angeles County Assessor Jeff Prang said the roll totaled $2.272 trillion in net taxable value, up $96 billion, or 4.42%, from the 2025 roll and marking the county’s 16th consecutive year of growth, according to Pasadena Now…