PROPERTY ASSESSMENT ROLL INCREASES AFTER TWO YEARS OF DECLINE

Los Angeles, CA – July 29, 2011 – (RealEstateRama) — Los Angeles County Assessor John R. Noguez today announced the 2011 Assessment Roll reflecting a 1.49 percent increase in value, ending two years of decline and producing a property roll of more than a trillion dollars for Los Angeles County. The $1,105,742,244,670 gross total property roll is $16.2 billion greater than last year.