Highest assessed properties.Ranked by total assessed value EXECUTIVE SUMMARY The 25 properties with the highest assessed value in L.A. County had aggregate taxable worth of $17.7 billion in 2003. The list is still led by 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, though there was movement among other properties because of accounting adjustments. Because the county's tax record keeping system was unable to accommodate properties with assessed values greater than $1 billion, it has started shifting some parcels or portions of parcels to its "cross-referenced" tax roles, which include mineral and water rights, possessory interests possessory interest n. in real estate, the intent and right of a person to occupy and/or exercise control over a particular plot of land. A possessory interest is distinguished from an interest in the title to property, which may not include the right to immediately and mobile homes from the secured tax roll, which looks only at the value of land, improvements, fixtures and equipment. When a property appeared on both lists, the Business Journal used the aggregate value. Assessment data were obtained from HdL Cos. The change also allowed for the inclusion of some government-owned properties, which are not subject to property taxes, on the list. Long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. , taxable leases with private interests at the ports of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and Long Beach and Staples Center This article has multiple issues: * Its neutrality is disputed. * It may contain original research or unverifiable claims. * It does not cite any references or sources. placed those properties on the list for the first time. THE PACESETTER J. PAUL GETTY CENTER With an assessed value of more than $2.2 billion, the J. Paul Getty Center has been Los Angeles County's most valuable property since 1998, its first full year of operation. Its assessed value rose less than 1 percent this year, though it is up almost 30 percent since the opening. Situated on a hilltop in the Santa Monica Mountains The Santa Monica Mountains are a low transverse range in southern California in the United States. Geography They run for approximately 40 mi (64 km) east-west from the Hollywood Hills in Los Angeles to Point Mugu in Ventura County. , the 110-acre Brentwood Brentwood, city and district, England Brentwood, city (1991 pop. 51,212) and district, Essex, SE England. Brentwood is mainly residential but produces some agricultural equipment, film, and prefabricated concrete. campus includes 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 Conservation Institute and Grant Program, the Getty Trust's 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 to the public is the Getty Museum, which consists of five two-story buildings around a central 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. . 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. Temporary offerings range from Gothic manuscripts to 1960s-era photographs. Opened in 1997, the Getty Center Getty Center, art museum complex in Brentwood, Calif. operated by the J. Paul Getty Trust. It consists of six buildings on 124 acres (50 hectares) located on a spectacular promontory overlooking Los Angeles. 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 original Getty Museum, a small Malibu ranch ranch, large farm devoted chiefly to raising and breeding cattle, horses, sheep, and goats. The cattle ranch was introduced from Latin America to Texas and the plains of the W United States and Canada. house established in 1953 by oil tycoon J. Paul Getty and later built into a Roman-style villa villa. Although used to designate any country residence, especially in Italy and S France, the term villa particularly refers to a type of pleasure residence with extensive grounds favored by the Romans and richly developed in Italy in the Renaissance. , was closed upon the opening of the Getty Center. The renamed 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. in Malibu is currently being renovated.
Rank Property Assessed Value
* name (millions)
* address *2003
*2002
1 J. Paul Getty Center (1) $2,211.5
1200 Getty Center Drive $2,193.2
Los Angeles 90049
2 BP Carson Refinery (3) 2,019.2
1801 E. Sepulveda Blvd. 1,224.5
Carson 90745
3 Chevron Refinery (4) 1,812.8
324 W. El Segundo Blvd. 1,222.1
El Segundo 90245
4 ExxonMobile Refinery (2) 1,562.7
3700 W. 190th St. 1,468
Torrance 90509
5 J. Paul Getty Center (6) 804.7
199 Church Lane 788.7
Los Angeles 90049
6 Valero Wilmington Refinery (7) 782.7
2402 E. Anaheim St. 781.6
Wilmington 90744
7 Anheuser Busch Brewery (8) 722
15800 Roscoe Blvd. 703.8
Van Nuys 91406
8 ConocoPhillips Wilmington Plant (9) 693.7
1660 W. Anaheim St. 687.1
Wilmington 90744
9 Cedars-Sinai Medical Center (12) 595.2
8720 Alden Drive 519.2
Los Angeles 90048
10 Shell Los Angeles Refinery (10) 586.3
2100 E. Pacific Coast Highway 567.5
Wilmington 90744
11 Universal Studios Hollywood/ 559.9
City Walk (14) 566.7
100 Universal City Plaza
Universal City 91608
12 J. Paul Getty Center (13) 534.4
1200 Getty Center Drive 500.5
Los Angeles 90049
13 Universal Studios (11) 505
3900 Lankershim Blvd. 524.2
Universal City 91608
14 Port of Los Angeles-Pier 400 468
Phase I NA
425 S. Palos Verdes St.
San Pedro 90731
15 University of Southern 425.7
California (15) 470.1
3441 University Ave.
Los Angeles 90089
16 Universal Studios 391.4
3900 Lankershim Blvd. NA
Universal City 91608
17 Port of Long Beach-Pier 379
T Berths 132-140 NA
301 Hanjin Road
Long Beach 90802
18 ConocoPhillips Carson Plant (17) 372.3
1520 E. Sepulveda Blvd. 351.6
Carson 90745
19 Port of Los Angeles-Pier 359.4
300 Berths 302-305 NA
425 S. Palos Verdes St.
San Pedro 90731
20 Fox Plaza (16) 352.7
2121 Avenue of the Stars 355
Century City 90064
21 Walt Disney Studios (19) 332.7
500 S. Buena Vista St. 326.2
Burbank 91521
22 SunAmerica Center (21) 309.9
1999 Avenue of the Stars 303.8
Los Angeles 90067
23 Paramount Pictures Studios (22) 294
5451 Marathon St. 295.9
Los Angeles 90038
24 Staples Center 293.7
1111 Figueroa St. NA
Los Angeles 90015
25 Twentieth Century Fox Studios 291.8
10201 W. Pico Blvd. 223.5
Los Angeles 90064
Rank Property Primary Use
* name
* address
1 J. Paul Getty Center (1) museum, research
1200 Getty Center Drive institute
Los Angeles 90049
2 BP Carson Refinery (3) refinery plant
1801 E. Sepulveda Blvd.
Carson 90745
3 Chevron Refinery (4) refinery plant
324 W. El Segundo Blvd.
El Segundo 90245
4 ExxonMobile Refinery (2) refinery plant
3700 W. 190th St.
Torrance 90509
5 J. Paul Getty Center (6) administrative offices
199 Church Lane
Los Angeles 90049
6 Valero Wilmington Refinery (7) refinery plant
2402 E. Anaheim St.
Wilmington 90744
7 Anheuser Busch Brewery (8) brewery
15800 Roscoe Blvd.
Van Nuys 91406
8 ConocoPhillips Wilmington Plant (9) refinery plant
1660 W. Anaheim St.
Wilmington 90744
9 Cedars-Sinai Medical Center (12) hospital
8720 Alden Drive
Los Angeles 90048
10 Shell Los Angeles Refinery (10) refinery plant
2100 E. Pacific Coast Highway
Wilmington 90744
11 Universal Studios Hollywood/ commercial
City Walk (14)
100 Universal City Plaza
Universal City 91608
12 J. Paul Getty Center (13) vacant land
1200 Getty Center Drive
Los Angeles 90049
13 Universal Studios (11) production studios
3900 Lankershim Blvd.
Universal City 91608
14 Port of Los Angeles-Pier 400 cargo terminal
Phase I
425 S. Palos Verdes St.
San Pedro 90731
15 University of Southern private university
California (15)
3441 University Ave.
Los Angeles 90089
16 Universal Studios vacant commercial lot
3900 Lankershim Blvd.
Universal City 91608
17 Port of Long Beach-Pier cargo terminal
T Berths 132-140
301 Hanjin Road
Long Beach 90802
18 ConocoPhillips Carson Plant (17) refinery plant
1520 E. Sepulveda Blvd.
Carson 90745
19 Port of Los Angeles-Pier cargo terminal
300 Berths 302-305
425 S. Palos Verdes St.
San Pedro 90731
20 Fox Plaza (16) office building
2121 Avenue of the Stars
Century City 90064
21 Walt Disney Studios (19) film and TV stages,
500 S. Buena Vista St. office buildings
Burbank 91521
22 SunAmerica Center (21) office building
1999 Avenue of the Stars
Los Angeles 90067
23 Paramount Pictures Studios (22) film and TV studios
5451 Marathon St.
Los Angeles 90038
24 Staples Center sports stadium
1111 Figueroa St.
Los Angeles 90015
25 Twentieth Century Fox Studios film, TV and radio
10201 W. Pico Blvd. studios
Los Angeles 90064
Rank Property Profile
* name * year built
* address * exempt value(2)
1 J. Paul Getty Center (1) 1997
1200 Getty Center Drive $2,197.6
Los Angeles 90049
2 BP Carson Refinery (3) 1937
1801 E. Sepulveda Blvd. 0
Carson 90745
3 Chevron Refinery (4) 1911
324 W. El Segundo Blvd. 0
El Segundo 90245
4 ExxonMobile Refinery (2) 1929
3700 W. 190th St. 0
Torrance 90509
5 J. Paul Getty Center (6) 1997
199 Church Lane 804.7
Los Angeles 90049
6 Valero Wilmington Refinery (7) 1981
2402 E. Anaheim St. 0
Wilmington 90744
7 Anheuser Busch Brewery (8) 1954
15800 Roscoe Blvd. 0
Van Nuys 91406
8 ConocoPhillips Wilmington Plant (9) 1919
1660 W. Anaheim St. 0
Wilmington 90744
9 Cedars-Sinai Medical Center (12) 1976
8720 Alden Drive 593.8
Los Angeles 90048
10 Shell Los Angeles Refinery (10) 1928
2100 E. Pacific Coast Highway 0
Wilmington 90744
11 Universal Studios Hollywood/ 1965
City Walk (14) 0.0
100 Universal City Plaza
Universal City 91608
12 J. Paul Getty Center (13) 1997
1200 Getty Center Drive 534.4
Los Angeles 90049
13 Universal Studios (11) 1915
3900 Lankershim Blvd. 0
Universal City 91608
14 Port of Los Angeles-Pier 400 2002(3)
Phase I 0
425 S. Palos Verdes St.
San Pedro 90731
15 University of Southern 1880
California (15) 425.7
3441 University Ave.
Los Angeles 90089
16 Universal Studios 2002(6)
3900 Lankershim Blvd. 0
Universal City 91608
17 Port of Long Beach-Pier 2002(3)
T Berths 132-140
301 Hanjin Road 0
Long Beach 90802
18 ConocoPhillips Carson Plant (17) NA
1520 E. Sepulveda Blvd. 0
Carson 90745
19 Port of Los Angeles-Pier NA
300 Berths 302-305 0
425 S. Palos Verdes St.
San Pedro 90731
20 Fox Plaza (16) 1987
2121 Avenue of the Stars 0
Century City 90064
21 Walt Disney Studios (19) 1937
500 S. Buena Vista St. 0
Burbank 91521
22 SunAmerica Center (21) 1990
1999 Avenue of the Stars 0
Los Angeles 90067
23 Paramount Pictures Studios (22) 1926
5451 Marathon St. 0
Los Angeles 90038
24 Staples Center 1999
1111 Figueroa St. 0
Los Angeles 90015
25 Twentieth Century Fox Studios 1928
10201 W. Pico Blvd. 0
Los Angeles 90064
Rank Property Owner
* name * name
* address * phone
1 J. Paul Getty Center (1) J. Paul Getty Trust
1200 Getty Center Drive (310) 440-7300
Los Angeles 90049
2 BP Carson Refinery (3) BP West Coast Products
1801 E. Sepulveda Blvd. Co. (310) 549-6204
Carson 90745
3 Chevron Refinery (4) ChevronTexaco Corp.
324 W. El Segundo Blvd. (310) 615-5000
El Segundo 90245
4 ExxonMobile Refinery (2) ExxonMobile Corp.
3700 W. 190th St. (310) 212-2800
Torrance 90509
5 J. Paul Getty Center (6) J. Paul Getty Trust
199 Church Lane (310) 440-7300
Los Angeles 90049
6 Valero Wilmington Refinery (7) Valero Energy Corp.
2402 E. Anaheim St. (562) 491-6877
Wilmington 90744
7 Anheuser Busch Brewery (8) Anheuser Busch Inc.
15800 Roscoe Blvd. (818) 989-5300
Van Nuys 91406
8 ConocoPhillips Wilmington Plant (9) ConocoPhillips
1660 W. Anaheim St. (310) 952-6000
Wilmington 90744
9 Cedars-Sinai Medical Center (12) Cedars-Sinai Medical
8720 Alden Drive Center
Los Angeles 90048 (310) 423-5000
10 Shell Los Angeles Refinery (10) Shell Oil Products US
2100 E. Pacific Coast Highway (310) 522-6000
Wilmington 90744
11 Universal Studios Hollywood/ Universal Studios Inc.
City Walk (14) (818) 777-1000
100 Universal City Plaza
Universal City 91608
12 J. Paul Getty Center (13) J. Paul Getty Trust
1200 Getty Center Drive (310) 440-7300
Los Angeles 90049
13 Universal Studios (11) Universal Studios Inc.
3900 Lankershim Blvd. (818) 777-1000
Universal City 91608
14 Port of Los Angeles-Pier 400 APM Terminals Pacific
Phase I L.A. (4)/ City Harbor
425 S. Palos Verdes St. Dept.(5) San Pedro 90731
(310) 221-4000
15 University of Southern University of Southern
California (15) California
3441 University Ave. (213) 740-2311
Los Angeles 90089
16 Universal Studios Universal Studios Inc.
3900 Lankershim Blvd. (818) 777-1000
Universal City 91608
17 Port of Long Beach-Pier Hanjin Shipping Co./
T Berths 132-140 City of Long Beach(5)
301 Hanjin Road (562) 256-2600
Long Beach 90802
18 ConocoPhillips Carson Plant (17) ConocoPhillips
1520 E. Sepulveda Blvd. (310) 952-6000
Carson 90745
19 Port of Los Angeles-Pier Neptune Orient Lines
300 Berths 302-305 Ltd./City of L.A.(5)
425 S. Palos Verdes St. (310) 548-8700
San Pedro 90731
20 Fox Plaza (16) The Irvine Co.
2121 Avenue of the Stars (949) 720-2000
Century City 90064
21 Walt Disney Studios (19) Walt Disney Co.
500 S. Buena Vista St. (818) 560-1000
Burbank 91521
22 SunAmerica Center (21) Equity Office
1999 Avenue of the Stars Properties Trust
Los Angeles 90067 (312) 466-3300
23 Paramount Pictures Studios (22) Viacom Inc.
5451 Marathon St. (323) 956-5000
Los Angeles 90038
24 Staples Center L.A. Arena Funding LLC/
City of L.A.(5)
1111 Figueroa St. (213) 742-7100
Los Angeles 90015
25 Twentieth Century Fox Studios Twentieth Century
Pico Blvd. Film Corp. Fox 10201 W.
Los Angeles 90064 (310) 369-1000
NA-Not Available
(1) Total assessed values for 2003 include land, improvements,
equipment, fixtures, natural resources and possessory interests.
Assessed values in 2002 do no include natural resources and possessory
interests.
(2) Portion of assessed value that is exempted from taxes.
(3) Opening of the cargo terminal.
(4) Formerly Maersk Pacific Ltd.
(5) Possessory interest property. Although the public entity owns
the land, the private user is assessed taxes to use it.
(6) Created on July 30, 2002 by combining six separate parcels.
Note: Data for this list were provided by the HdL Companies.
Further information was provided by representatives of the properties
themselves.
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
Researched by Nicole Taylor
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