Highest assessed properties.EXECUTIVE SUMMARY THE 25 properties with the highest assessed value in L.A. County had an aggregate value of $17.8 billion in 2004. The list continues to be 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, one of four properties valued at greater than $1 billion. Led by the No. 2 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, 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. There are three film studios and three cargo terminals on the list. Westfield Century City Westfield Century City, formerly Century City Shopping Center & Marketplace, is a shopping mall in the Century City area of Los Angeles, California. It is owned by The Westfield Group. Its anchor stores are Bloomingdale's and Macy's. , No. 20 this year, is the only retail center out of the top 25. It came on after its assessed value increased by $53.8 million, to $336.8 million. Also new is the property formerly known as St. Luke Luke early Christian; the “beloved physician.” [N.T.: Luke] See : Evangelism Medical Center in Pasadena Pasadena (păs'ədē`nə). 1 City (1990 pop. 131,591), Los Angeles co., S Calif., at the base of the San Gabriel Mts.; inc. 1866. . It was purchased in 2003 by California Institute of Technology California Institute of Technology, at Pasadena, Calif.; originally for men, became coeducational in 1970; founded 1891 as Throop Polytechnic Institute; called Throop College of Technology, 1913–20. , which plans on using it as a medical research center. Fox Plaza Fox Plaza is the name of a couple of buildings:
THE PACESETTER J. PAUL GETTY CENTER OVERLOOKING o·ver·look tr.v. o·ver·looked, o·ver·look·ing, o·ver·looks 1. a. To look over or at from a higher place. b. the San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. (405) Freeway atop 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 J. Paul Getty campus is the highest assessed property in 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. County. Valued at more than $2.2 billion, it has been the county's most valuable property since 1998, its first full year of operation. It 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, 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. . Because the mainframe mainframe Digital computer designed for high-speed data processing with heavy use of input/output units such as large-capacity disks and printers. They have been used for such applications as payroll computations, accounting, business transactions, information retrieval, computer used by the county Assessor's Office cannot handle data greater than 10 digits, properties such as 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. are divided into smaller parcels and cross-referenced to come up with the entire assessment. 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 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. Current temporary exhibitions include "Cezanne Cé·zanne , Paul 1839-1906. French artist and leading postimpressionist figure. His most famous paintings include Mont Sainte-Victoire (1885-1887) and The Card Players (1890-1892). in the Studio," still life in watercolors by Paul Cezanne Noun 1. Paul Cezanne - French Post-impressionist painter who influenced modern art (especially cubism) by stressing the structural components latent in nature (1839-1906) Cezanne ; "Close to Home: An American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Album," a photographic exhibit featuring photographs taken by families across the country; and "Imagining the Orient o·ri·ent v. 1. To locate or place in a particular relation to the points of the compass. 2. To align or position with respect to a point or system of reference. 3. ," which explores 18th century Europe's fascination with Asia. Since opening to the public in December December: see month. 1997, the Getty Center has attracted more than 5 million visitors.
Assessed
Value (1)
Property (Ranking in 2003) (millions)
* name * 2004
Rank * address * 2003 Primary Use
1 J. Paul Getty Center (1) $2,228.6 museum, research
1200 Getty Center Drive $2,211.5 institute
Los Angeles 90049
2 BP Carson Refinery (2) 2,061.4 refinery plant
1801 E. Sepulveda Blvd. 2,019.2
Carson 90749
3 Chevron Refinery (3) 1,958.2 refinery plant
324 W. El Segundo Blvd. 1,812.8
El Segundo 90245
4 ExxonMobil Refinery (4) 1,287.9 refinery plant
3700 W. 190th St. 1,562.7
Torrance 90504
5 Valero Wilmington Refinery (6) 840.5 refinery plant
2402 E. Anaheim St. 782.7
Wilmington 90744
6 J. Paul Getty Center (5) 819.7 administrative
199 Church Lane 804.7 offices
Los Angeles 90049
7 Anheuser Busch Brewery (7) 757.6 brewery
15800 Roscoe Blvd. 722
Los Angeles 91406
8 ConocoPhillips Wilmington 676.7 refinery plant
Plant (8) 693.7
1660 W. Anaheim St.
Wilmington 90744
9 J. Paul Getty Center (12) 649.4 vacant land
1200 Getty Center Drive 534.4
Los Angeles 90049
10 Cedars-Sinai Medical Center (9) 599.4 hospital
8700 Beverly Blvd. 595.2
Los Angeles 90048
11 Shell Los Angeles Refinery (10) 584.9 refinery plant
2101 E. Pacific Coast Highway 586.3
Wilmington 90744
12 Universal Studios Hollywood/ 570.2 commercial,
City Walk (11) 559.9 entertainment
100 Universal City Plaza
Los Angeles 91608
3 Universal Studios (13) 514.4 production
100 Universal City Plaza 505 studios
Los Angeles 91608
4 Port of Los Angeles--Pier 400 476.8 cargo terminal
Phase I (14) 468
2500 Navy Way, Pier 400
San Pedro 90731
5 University of Southern 433.8 private
California (15) 425.7 university
3441 University Ave.
Los Angeles 90007
16 ConocoPhillips Carson $394.2 refinery plant
Plant (18) $372.3
1520 E. Sepulveda Blvd.
Carson 90745
17 Port of Long Beach--Pier T 386.1 cargo terminal
Berths 132-140 (17) 379
301 Hanjin Road
Long Beach 90802
18 Port of Los Angeles--Pier 300 365.5 cargo terminal
Berths 302-305 (19) 359.4
614 Terminal Way
San Pedro 90731
19 Walt Disney Studios (21) 338.9 film and TV
500 S. Buena Vista St. 332.7 stages, office
Burbank 91521 buildings
20 Westfield Century City 336.8 retail center
10250 Santa Monica Blvd. 283
Los Angeles 90067
21 California Institute of 329.8 dormant hospital
Technology (4) NA
2632 E. Washington Blvd.
Pasadena 91107
22 SunAmerica Center (22) 315.7 office building
1999 Avenue of the Stars 309.9
Los Angeles 90067
23 Paramount Pictures Studios (23) 298.8 film and TV
5451 Marathon St. 294 studios
Los Angeles 90038
24 Staples Center (24) 297.1 sports arena
1111 Figueroa St. 293.7
Los Angeles 90015
25 Wells Fargo Tower 291.3 office building
333 S. Grand Ave. 280
Los Angeles 90071
Profile
Property (Ranking in 2003) * year built Owner
* name * exempt * name
Rank * address value (2) * phone
1 J. Paul Getty Center (1) 1997 J. Paul Getty
1200 Getty Center Drive $2,214.4 Trust
Los Angeles 90049 (310) 440-7300
2 BP Carson Refinery (2) 1937 BP West Coast
1801 E. Sepulveda Blvd. 0 Products Co.
Carson 90749 (310) 549-6204
3 Chevron Refinery (3) 1911 ChevronTexaco
324 W. El Segundo Blvd. 0 Corp.
El Segundo 90245 (310) 615-5000
4 ExxonMobil Refinery (4) 1929 ExxonMobil
3700 W. 190th St. 0 Corp.
Torrance 90504 (310) 212-2800
5 Valero Wilmington Refinery (6) 1981 Valero Energy
2402 E. Anaheim St. 0 Corp.
Wilmington 90744 (562) 491-6877
6 J. Paul Getty Center (5) 1997 J. Paul Getty
199 Church Lane 819.7 Trust
Los Angeles 90049 (310) 440-7300
7 Anheuser Busch Brewery (7) 1954 Anheuser Busch
15800 Roscoe Blvd. 0 Inc.
Los Angeles 91406 (818) 989-5300
8 ConocoPhillips Wilmington 1919 ConocoPhillips
Plant (8) 0 (310) 952-6000
1660 W. Anaheim St.
Wilmington 90744
9 J. Paul Getty Center (12) 1997 J. Paul Getty
1200 Getty Center Drive 649.4 Trust
Los Angeles 90049 (310) 440-7300
10 Cedars-Sinai Medical Center (9) 1976 Cedars-Sinai
8700 Beverly Blvd. 594.4 Medical Center
Los Angeles 90048 (310) 423-3277
11 Shell Los Angeles Refinery (10) 1928 Shell Oil
2101 E. Pacific Coast Highway 0 Products US
Wilmington 90744 (310) 522-6000
12 Universal Studios Hollywood/ 1965 NBC Universal
City Walk (11) 0 (818) 777-1000
100 Universal City Plaza
Los Angeles 91608
3 Universal Studios (13) 1915 NBC Universal
100 Universal City Plaza 0 (818) 777-1000
Los Angeles 91608
4 Port of Los Angeles--Pier 400 2002 APM Terminals
Phase I (14) 0 Pacific/L.A.
2500 Navy Way, Pier 400 City Harbor
San Pedro 90731 Dept (3)
(310) 221-4000
5 University of Southern 1880 University of
California (15) 433.8 Southern
3441 University Ave. California
Los Angeles 90007 (213) 740-2311
16 ConocoPhillips Carson NA ConocoPhillips
Plant (18) $0 (310) 952-6000
1520 E. Sepulveda Blvd.
Carson 90745
17 Port of Long Beach--Pier T 2002 Hanjin Shipping
Berths 132-140 (17) 0 Co./City of
301 Hanjin Road Long Beach (3)
Long Beach 90802 (562) 256-2600
18 Port of Los Angeles--Pier 300 NA American
Berths 302-305 (19) 0 President
614 Terminal Way Lines/City of
San Pedro 90731 L.A. (3)
(310) 548-8700
19 Walt Disney Studios (21) 1937 Walt Disney Co.
500 S. Buena Vista St. 0 (818) 560-1000
Burbank 91521
20 Westfield Century City 1964 Westfield Group
10250 Santa Monica Blvd. 0 (310) 277-3898
Los Angeles 90067
21 California Institute of 1933 California
Technology (4) 313 Institute of
2632 E. Washington Blvd. Technology
Pasadena 91107 (626) 395-6811
22 SunAmerica Center (22) 1990 Equity Office
1999 Avenue of the Stars 0 Properties
Los Angeles 90067 Trust
(312) 466-3300
23 Paramount Pictures Studios (23) 1926 Viacom Inc.
5451 Marathon St. 0 (323) 956-5000
Los Angeles 90038
24 Staples Center (24) 1999 L.A. Arena
1111 Figueroa St. Funding LLC/
Los Angeles 90015 City of
L.A. (3)
(213) 742-7100
25 Wells Fargo Tower 1982 Maguire
333 S. Grand Ave. 0 Properties Inc.
Los Angeles 90071 (213) 626-3300
NA--Not Available
(1) Total assessed values include land, improvements, equipment,
fixtures, natural resources and possessory interests.
(2) Portion of assessed value that is exempted from taxes.
(3) Possessory Interest property. Although the public entity owns the
land, the private user is assessed taxes to use the land.
(4) Formerly St. Luke Medical Center. Purchased by California Institute
of Technology on May 9, 2003.
Note: Data for this list was provided by the HdL Companies. Further
information was provided by representatives of the properties
themselves. Universal Studios vacant lot, No. 16 last year was broken
up into several smaller parcels. Fox Plaza, No. 20 last year, was
temporarily reduced in value due to Proposition 8.
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. 02004 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.
Researched by David Nusbaum
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