L.A. County property assessments hit record $1.6 trillion

A large crane looms over LA Stadium on Tuesday, Sept. 18, 2018, in Inglewood, Calif. The new facilit

Mainly because of the new NFL football stadium being built.

A strong real estate market and new construction lifted Los Angeles County property assessments to a record $1.6 trillion in this tax year, the ninth straight year of growth, according to Assessor Jeff Prang. MORE