Highest assessed properties in L.A. County: ranked by total assessed value.

EXECUTIVE SUMMARY

THE 25 properties with the highest assessed value in L.A. County had an aggregate value of $17.5 billion in 2006, up $21.2 million over the previous year.

The J. Paul Getty Jean Paul Getty (December 15, 1892 – June 6, 1976) was an American industrialist and founder of the Getty Oil Company. Biography
Born in Minneapolis, Minnesota, into a family already in the petroleum business, he was one of the first people in the world with a Center returned to the top spot as the highest assessed property in the county. The property is nearly 100 percent exempt from property taxes, with just the commercial areas, such as its restaurants, taxable land.

The seven refineries on the list outnumber out·num·ber
tr.v. out·num·bered, out·num·ber·ing, out·num·bers
To exceed the number of; be more numerous than.

outnumber
Verb

to exceed in number: other property uses. The refineries saw their collective value decrease by $546 million to $7.8 billion compared with the previous year. No. 2 Chevron Refinery in El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and was assessed at $1.9 billion, down $162 million from 2005. BP Carson Carson, city (1990 pop. 83,995), Los Angeles co., S Calif., an industrial and residential suburb of Los Angeles; inc. 1968. Oil refining is the major industry; fabricated metals, paper, and other products are manufactured. The California State Univ. Dominguez Hills is there. Refinery dropped $448 million, the biggest decline on the fist.

A number of local office buildings have assessed value that increased significantly as they changed ownership, given the years-long property boom. Bank of America Plaza There are several buildings in the United States called Bank of America Plaza:

Bank of America Plaza (Atlanta) in Georgia
Bank of America Plaza in Miami, Florida

, in downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or , debuted at No. 15 on the list after its assessed value increased by $147 million to $422 million following its acquisition by Brookfield Properties Brookfield Properties Corporation TSX: BPO NYSE: BPO is a Toronto-based North American commercial real estate company. Brookfield Asset Management owns 50% of its outstanding common shares. . Brookfield Brookfield.

1 Village (1990 pop. 18,876), Cook co., NE Ill., a residential suburb of Chicago; inc. 1893. The noted Chicago Zoological Park (Brookfield Zoo) is there.

2 City (1990 pop. 35,184), Waukesha co., SE Wis. also acquired No. 17 Figueroa at Wilshire Not to be confused with Wiltshire.

Wilshire may refer to:

Wilshire, Los Angeles, California, a region of the city of Los Angeles, US

People with the surname Wilshire:

David Wilshire
William W.

, which is assessed at $365 million, up $158 million from the previous year. No. 19 Wilshire Courtyard For alternative meanings of the word "court", see: Court (disambiguation).

A court or courtyard is an enclosed area, often a space enclosed by a building that is open to the sky. , located in Miracle Mile Miracle Mile can refer to the following places:

Miracle Mile is a main street in Stockton, California, outside the University of the Pacific
Miracle Mile

, was acquired by RREEF America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. Corp. and saw assessed value increase $138 million to $355 million.

THE PACESETTER

J. PAUL GETTY CENTER

THE J. Paul Getty Center returns to the top of the list of the highest assessed-properties in L.A. County, valued at just over $2 billion. The center is actually built on three different parcels of land. The other two parcels are valued at $853 million and $649 million, bringing the total value of the property perched above the Sepulveda pass Sepulveda Pass (el. 1130 ft. / 334 m.) is a mountain pass through the Santa Monica Mountains in Los Angeles, California. It is often called Poop-Out Pass, a phrase once used by now-deceased traffic reporter Bill Keene. to $3.5 billion.

It is home to the J. Paul Getty Museum, the Getty (operating system) getty - A Unix program which sets terminal type, modes, speed and line discipline for a serial port, and is used in the login process. Research Institute, the Getty Behemoth: The giant complex overlooks L.A. Conservation Institute and Grant Program, administrative offices, two restaurants and the Harold Harold, 1022?–1066, king of England (1066). The son of Godwin, earl of Wessex, he belonged to the most powerful noble family of England in the reign of Edward the Confessor. Through Godwin's influence Harold was made earl of East Anglia. M. Williams Auditorium auditorium

Portion of a theater or hall where an audience sits, as distinct from the stage. The auditorium originated in the theaters of ancient Greece, as a semicircular seating area cut into a hillside. .

Most recognizable is the Getty Museum, which consists of five two-story pavilions surrounding sur·round
tr.v. sur·round·ed, sur·round·ing, sur·rounds
1. To extend on all sides of simultaneously; encircle.

2. To enclose or confine on all sides so as to bar escape or outside communication.

n. a central courtyard. The museum's permanent collections include Greek In desktop publishing, to display text in a representative form in which the actual letters are not discernible, because the screen resolution isn't high enough to display them properly. The software lets you set which font sizes should be greeked. and Roman antiquities Antiquities, nearly always used in the plural in this sense, is a term for objects from Antiquity, especially the civilizations of the Mediterranean: the Classical antiquity of Greece and Rome, Ancient Egypt and the other Ancient Near Eastern cultures. , European European

emanating from or pertaining to Europe.

European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis. paintings and manuscripts. Current temporary exhibitions include "Holy Image, Hallowed hal·lowed
adj.
1. Sanctified; consecrated: a hallowed cemetery.

2. Highly venerated; sacrosanct: our hallowed war heroes. Grounds: Icons from Sinai Sinai (sī`nī), triangular peninsula, c.23,000 sq mi (59,570 sq km), NE Egypt. It is c.230 mi (370 km) long and 150 mi (240 km) wide and extends north into a broad isthmus linking Africa and Asia. ," a look at some of the oldest surviving icons from the Byzantine (jargon, architecture) Byzantine - A term describing any system that has so many labyrinthine internal interconnections that it would be impossible to simplify by separation into loosely coupled or linked components. world; "Where We Live: Photographs of America from the Berman Berman may refer to:

Berman and Company
Berman v. Parker
Neuberger Berman Inc.
Robinson, Silverman, Pearce, Aronsohn, and Berman
Neuberger Berman

Berman is the surname of:

Adolf Berman, Zionist activist

Collection," an exhibition from the museum's photograph department donated do·nate
v. do·nat·ed, do·nat·ing, do·nates

v.tr.
To present as a gift to a fund or cause; contribute.

v.intr.
To make a contribution to a fund or cause. by Nancy Nancy (näNsē`), city (1990 pop. 102,410), capital of Meurthe-et-Moselle dept., NE France, on the Meurthe River and the Marne-Rhine Canal. It is the administrative, economic, and educational center of Lorraine. and Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Berman; and "From Caspar David Friedrich Caspar David Friedrich (September 5, 1774 – May 7, 1840) was a 19th century German Romantic painter, considered by many critics to be one of the finest representatives of the movement. Life
Caspar David Friedrich was born in Greifswald, Hither Pomerania. to Gerhard Richter Gerhard Richter (born February 9, 1932) is a prominent German artist. Richter is considered by some critics as one of the most important German artists of the post-World War II period and is also one of the world's most expensive, with his paintings often selling for several : German Paintings from Dresden Dresden (drĕz`dən), city (1994 pop. 479,300), capital of Saxony, E central Germany, on the Elbe River. It is an industrial and cultural center, a rail junction, and a large inland port. ," a collection of German art from 1800 through the present.

Opened in 1997, the hilltop campus was designed by Richard Meier Richard Meier (born October 12 1934 in Newark, New Jersey) is an influential, contemporary American architect known for his rationalist designs and the use of the colour white. . The Getty Villa The Getty Villa in Pacific Palisades, USA, is part of the J. Paul Getty Museum. The Getty Villa is an educational center and museum dedicated to the study of the arts and cultures of ancient Greece, Rome and Etruria. on the border of Malibu, the original location of the J. Paul Getty Museum, reopened after renovations in early 2006. That site dedicated to the arts and cultures of ancient Greece The term ancient Greece refers to the periods of Greek history in Classical Antiquity, lasting ca. 750 BC^[1] (the archaic period) to 146 BC (the Roman conquest). It is generally considered to be the seminal culture which provided the foundation of Western Civilization. , Rome Rome, city, Italy
Rome, Ital. Roma, city (1991 pop. 2,775,250), capital of Italy and see of the pope, whose residence, Vatican City, is a sovereign state within the city of Rome. and Etruria Etruria (ĭtr

r`ēə), ancient country, W central Italy, now forming Tuscany and part of Umbria. It was the territory of the Etruscans, who in the 6th cent. B.C. . The two locations combine to draw a million visitors a year. Admission is always free, but parking costs $7.

[GRAPHIC OMITTED]

Rank   Property                         Assessed Value
       * name                           (in millions)
       * address                            * 2006
                                            * 2005
1      J. Paul Getty Center (2)            $2,008.7
       1200 Getty Center Drive             $2,227.9
       Los Angeles 90049

2      Chevron Refinery (3)                 1,873
       324 W. El Segundo Blvd.              2,036
       El Segundo 90245

3      BP Carson Refinery (1)               1,787
       1801 E. Sepulveda Blvd.              2,235
       Carson 90749

4      ExxonMobile Refinery (4)             1,352
       3700 W. 190th St.                    1,309
       Torrance 90504

5      Valero Wilmington Refinery (5)       864.4
       2402 E. Anaheim St.                  844.3
       Wilmington 90744

6      J. Paul Getty Center (6)             852.6
       199 Church Lane                      819.7
       Los Angeles 90049

7      ConocoPhillips Wilmington            826.5
         Plant (8)                          751.8
       1660 W. Anaheim St.
       Wilmington 90744

8      Anheuser Busch Brewery (7)           810.1
       15800 Roscoe Blvd.                   757.6
       Van Nuys 91406

9      J. Paul Getty Center (9)             648.9
       1200 Getty Center Drive              649.4
       Los Angeles 90049

10     Shell Los Angeles                    606.9
         Refinery (10)                      606.9
       2101 E. Pacific Coast Highway
       Wilmington 90744

11     Cedars-Sinai Medical                 545.4
         Center (11)                        599.4
       8700 Beverly Blvd.
       Los Angeles 90048

12     Port of Los Angeles--Pier             496
         400 Phase I (14)                   486.3
       2500 Navy Way, Pier 400
       Terminal Island 90731

13     Port of Long Beach--Pier T           482.6
         Berths 132-140 (17)                393.8
       301 Hanjin Road
       Long Beach 90802

14     Beverly Center                       430.1
       8500 Beverly Blvd.                   188.2
       Los Angeles 90048

15     Bank of America Plaza--              422.3
       333 S. Hope St.                       275
       Los Angeles 90071

16     Port of Los Angeles--Pier 300         379
         Berths 132-140 (17)                372.2
       614 Terminal Way
       Terminal Island 90731

17     Figueroa at Wilshire                 365.4
       601 S. Figueroa St.                  207.2
       Los Angeles 90017

18     ConocoPhillips Carson                 360
         Plant (16)                         433.5
       1520 E. Sepulveda Blvd.
       Carson 90745

19     Wilshire Courtyard                    355
       5700 Wilshire Blvd.                  216.2
       Los Angeles 90036

20     Walt Disney Studios (19)             352.6
       500 S. Buena Vista St.               338.9
       Burbank 91521

21     Twentieth Century Fox                 344
         Film Corp.                          288
       10201 W. Pico Blvd.
       Los Angeles 90035

22     Universal Studios Hollywood/         333.4
         City Walk (12)                     570.2
       100 Universal City Plaza
       Universal City 91608

23     AIG SunAmerica Center (22)           328.4
       1999 Avenue of the Stars             315.7
       Los Angeles 90067

24     Westfield Century City (20)          325.9
       10250 Santa Monica Blvd.             336.8
       Los Angeles 90067

25     Providence Saint Joseph              317.7
         Medical Center                     187.7
       501 S. Buena Vista St.
       Burbank 91505

Rank   Property                                Description
       * name
       * address

1      J. Paul Getty Center (2)             museum, research
       1200 Getty Center Drive                  institute
       Los Angeles 90049

2      Chevron Refinery (3)                  refinery plant
       324 W. El Segundo Blvd.
       El Segundo 90245

3      BP Carson Refinery (1)                refinery plant
       1801 E. Sepulveda Blvd.
       Carson 90749

4      ExxonMobile Refinery (4)              refinery plant
       3700 W. 190th St.
       Torrance 90504

5      Valero Wilmington Refinery (5)        refinery plant
       2402 E. Anaheim St.
       Wilmington 90744

6      J. Paul Getty Center (6)          administrative offices
       199 Church Lane
       Los Angeles 90049

7      ConocoPhillips Wilmington             refinery plant
         Plant (8)
       1660 W. Anaheim St.
       Wilmington 90744

8      Anheuser Busch Brewery (7)                brewery
       15800 Roscoe Blvd.
       Van Nuys 91406

9      J. Paul Getty Center (9)                vacant land
       1200 Getty Center Drive
       Los Angeles 90049

10     Shell Los Angeles                     refinery plant
         Refinery (10)
       2101 E. Pacific Coast Highway
       Wilmington 90744

11     Cedars-Sinai Medical                     hospital
         Center (11)
       8700 Beverly Blvd.
       Los Angeles 90048

12     Port of Los Angeles--Pier             cargo terminal
         400 Phase I (14)
       2500 Navy Way, Pier 400
       Terminal Island 90731

13     Port of Long Beach--Pier T            cargo terminal
         Berths 132-140 (17)
       301 Hanjin Road
       Long Beach 90802

14     Beverly Center                         retail center
       8500 Beverly Blvd.
       Los Angeles 90048

15     Bank of America Plaza--               office building
       333 S. Hope St.
       Los Angeles 90071

16     Port of Los Angeles--Pier 300         cargo terminal
         Berths 132-140 (17)
       614 Terminal Way
       Terminal Island 90731

17     Figueroa at Wilshire                  office building
       601 S. Figueroa St.
       Los Angeles 90017

18     ConocoPhillips Carson                 refinery plant
         Plant (16)
       1520 E. Sepulveda Blvd.
       Carson 90745

19     Wilshire Courtyard                    office building
       5700 Wilshire Blvd.
       Los Angeles 90036

20     Walt Disney Studios (19)           film and TV stages,
       500 S. Buena Vista St.               office buildings
       Burbank 91521

21     Twentieth Century Fox              film studio, offices
         Film Corp.
       10201 W. Pico Blvd.
       Los Angeles 90035

22     Universal Studios Hollywood/            commercial
         City Walk (12)
       100 Universal City Plaza
       Universal City 91608

23     AIG SunAmerica Center (22)            office building
       1999 Avenue of the Stars
       Los Angeles 90067

24     Westfield Century City (20)            retail center
       10250 Santa Monica Blvd.
       Los Angeles 90067

25     Providence Saint Joseph                  hospital
         Medical Center
       501 S. Buena Vista St.
       Burbank 91505

Rank   Property                         Year    Exempt value (1)
       * name                           Built    (in millions)
       * address

1      J. Paul Getty Center (2)         1997        $1,991.1
       1200 Getty Center Drive
       Los Angeles 90049

2      Chevron Refinery (3)             1911           0
       324 W. El Segundo Blvd.
       El Segundo 90245

3      BP Carson Refinery (1)           1937           0
       1801 E. Sepulveda Blvd.
       Carson 90749

4      ExxonMobile Refinery (4)         1929           0
       3700 W. 190th St.
       Torrance 90504

5      Valero Wilmington Refinery (5)   1981           0
       2402 E. Anaheim St.
       Wilmington 90744

6      J. Paul Getty Center (6)         1997         852.6
       199 Church Lane
       Los Angeles 90049

7      ConocoPhillips Wilmington        1919           0
         Plant (8)
       1660 W. Anaheim St.
       Wilmington 90744

8      Anheuser Busch Brewery (7)       1954           0
       15800 Roscoe Blvd.
       Van Nuys 91406

9      J. Paul Getty Center (9)         1997         648.9
       1200 Getty Center Drive
       Los Angeles 90049

10     Shell Los Angeles                1928           0
         Refinery (10)
       2101 E. Pacific Coast Highway
       Wilmington 90744

11     Cedars-Sinai Medical             1976         537.6
         Center (11)
       8700 Beverly Blvd.
       Los Angeles 90048

12     Port of Los Angeles--Pier        2002           0
         400 Phase I (14)
       2500 Navy Way, Pier 400
       Terminal Island 90731

13     Port of Long Beach--Pier T       2002           0
         Berths 132-140 (17)
       301 Hanjin Road
       Long Beach 90802

14     Beverly Center                   1981           0
       8500 Beverly Blvd.
       Los Angeles 90048

15     Bank of America Plaza--          1974           0
       333 S. Hope St.
       Los Angeles 90071

16     Port of Los Angeles--Pier 300     NA            0
         Berths 132-140 (17)
       614 Terminal Way
       Terminal Island 90731

17     Figueroa at Wilshire             1990           0
       601 S. Figueroa St.
       Los Angeles 90017

18     ConocoPhillips Carson             NA            0
         Plant (16)
       1520 E. Sepulveda Blvd.
       Carson 90745

19     Wilshire Courtyard               1987           0
       5700 Wilshire Blvd.
       Los Angeles 90036

20     Walt Disney Studios (19)         1937         352.6
       500 S. Buena Vista St.
       Burbank 91521

21     Twentieth Century Fox            1928           0
         Film Corp.
       10201 W. Pico Blvd.
       Los Angeles 90035

22     Universal Studios Hollywood/     1965           0
         City Walk (12)
       100 Universal City Plaza
       Universal City 91608

23     AIG SunAmerica Center (22)       1990           0
       1999 Avenue of the Stars
       Los Angeles 90067

24     Westfield Century City (20)      1964           0
       10250 Santa Monica Blvd.
       Los Angeles 90067

25     Providence Saint Joseph          1943         317.7
         Medical Center
       501 S. Buena Vista St.
       Burbank 91505

Rank   Property                                   Owner
       * name                                     * name
       * address                                 * phone

1      J. Paul Getty Center (2)            J. Paul Getty Trust
       1200 Getty Center Drive                (310) 440-7300
       Los Angeles 90049

2      Chevron Refinery (3)                ChevronTexaco Corp.
       324 W. El Segundo Blvd.                (310) 615-5000
       El Segundo 90245

3      BP Carson Refinery (1)           BP West Coast Products LLC
       1801 E. Sepulveda Blvd.                (310) 549-6204
       Carson 90749

4      ExxonMobile Refinery (4)             ExxonMobile Corp.
       3700 W. 190th St.                      (310) 212-2800
       Torrance 90504

5      Valero Wilmington Refinery (5)      Valero Energy Corp.
       2402 E. Anaheim St.                    (562) 491-6877
       Wilmington 90744

6      J. Paul Getty Center (6)            J. Paul Getty Trust
       199 Church Lane                        (310) 440-7300
       Los Angeles 90049

7      ConocoPhillips Wilmington              ConocoPhillips
         Plant (8)                            (310) 952-6000
       1660 W. Anaheim St.
       Wilmington 90744

8      Anheuser Busch Brewery (7)          Anheuser Busch Inc.
       15800 Roscoe Blvd.                     (818) 989-5300
       Van Nuys 91406

9      J. Paul Getty Center (9)            J. Paul Getty Trust
       1200 Getty Center Drive                (310) 440-7300
       Los Angeles 90049

10     Shell Los Angeles                  Shell Oil Products US
         Refinery (10)                        (310) 522-6000
       2101 E. Pacific Coast Highway
       Wilmington 90744

11     Cedars-Sinai Medical                   Cedars-Sinai
         Center (11)                         Medical Center
       8700 Beverly Blvd.                     (310) 423-3277
       Los Angeles 90048

12     Port of Los Angeles--Pier          APM Terminals Pacific/
         400 Phase I (14)                 L.A. City Harbor Dept.
       2500 Navy Way, Pier 400                (310) 221-4000
       Terminal Island 90731

13     Port of Long Beach--Pier T          Hanjin Shipping Co./
         Berths 132-140 (17)                City of Long Beach
       301 Hanjin Road                        (562) 256-2600
       Long Beach 90802

14     Beverly Center                          Taubman Co.
       8500 Beverly Blvd.                     (310) 854-0071
       Los Angeles 90048

15     Bank of America Plaza--            Brookfield Properties
       333 S. Hope St.                        (213) 624-9100
       Los Angeles 90071

16     Port of Los Angeles--Pier 300    American President Lines/
         Berths 132-140 (17)                   City of L.A.
       614 Terminal Way                       (310) 548-8700
       Terminal Island 90731

17     Figueroa at Wilshire               Brookfield Properties
       601 S. Figueroa St.                    (213) 624-9100
       Los Angeles 90017

18     ConocoPhillips Carson                  ConocoPhillips
         Plant (16)                           (310) 952-6000
       1520 E. Sepulveda Blvd.
       Carson 90745

19     Wilshire Courtyard                  RReef America Corp.
       5700 Wilshire Blvd.                    (415) 781-3300
       Los Angeles 90036

20     Walt Disney Studios (19)              Walt Disney Co.
       500 S. Buena Vista St.                 (818) 560-1000
       Burbank 91521

21     Twentieth Century Fox                    News Corp.
         Film Corp.                           (310) 369-1000
       10201 W. Pico Blvd.
       Los Angeles 90035

22     Universal Studios Hollywood/           NBC Universal
         City Walk (12)                       (818) 777-1000
       100 Universal City Plaza
       Universal City 91608

23     AIG SunAmerica Center (22)             Equity Office
       1999 Avenue of the Stars              Properties Trust
       Los Angeles 90067                      (310) 450-6599

24     Westfield Century City (20)           Westfield Group
       10250 Santa Monica Blvd.               (310) 277-3898
       Los Angeles 90067

25     Providence Saint Joseph           Providence Health System
         Medical Center                       (818) 843-5111
       501 S. Buena Vista St.
       Burbank 91505

NA--Not Available

Note: Information provided by HDL Cos. Properties are ranked by
assessed value.

To the best of our knowledge, this information is accurate as of press
time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. (c)2006 Los Angeles Business
Journal. This list may not be reprinted in whole or in part without
prior written permission from the editor. Reprints are available from
Wright's Reprints, (877) 652-5295.

(1) Non-profit organizations receive exemptions, except for
commercial use.

Researched by David Nusbaum

COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.

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Title Annotation:	The List
Author:	Nusbaum, David
Publication:	Los Angeles Business Journal
Date:	Dec 18, 2006
Words:	2206
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