Property Tax Assessment Reductions in Los Angeles County.
330, 000 homes affected.
Property Tax Breaks. Old home values are holding while new homes are declining.
Over $400 million in reductions.
Also affects Orange County homes as well.

L.A. County homeowners can check to see whether their home was reviewed on the assessor’s website, but reductions will not be posted online until early July, Auerbach said.

Homeowners whose situations were not automatically reviewed this year can file for a review for free until Dec. 31. Forms are available on the assessor’s website or by calling (888) 807-2111. Homeowners who did not receive reductions can appeal to the county’s assessment appeals board until Nov. 30. The process may be lengthy — appeals tripled last year, Auerbach said, and by law the board has up to two years to address them.