See how Paramount Property Tax Appeal helped a Los Angeles Surgery Center save $95,000.
See how Paramount Property Tax Appeal helped a Los Angeles Surgery Center save $95,000.
Tax Refund for the Client
Reduction in Assessed Value
of Savings Post Appeal
A Client converted an Office Building into a Surgery Center and was re-assessed. Following the assessment, they contacted Paramount to review the valuation.
Wes Nichols and the Paramount team thoroughly reviewed the assessed value of the building and found numerous errors made by the Assessor's office, including valuation of ground floor Retail in the Building that had not been completed. The Board reduced the value of new construction significantly.
After careful consideration, the Board found the valuation done by the Paramount team to be accurate, and the valuation was reduced to $28.82 Million (A $7.95 Million REDUCTION!). The client received a refund of $95,000 for their state-of-the-art Surgery Center.
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