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L.A.'s Mansion Tax Has Raised $1 Billion--These Neighborhoods Are Paying the Most
The "mansion tax"—formally known as Los Angeles’ Measure ULA transfer tax—is approaching its third year in place and has generated more than $1 billion in revenue for the city.
The policy adds a 4% tax on the total transaction for property sales of $5.3 million to $10.6 million and a 5.5% rate for sales above $10.6 million. That tax is on top of a 0.45% tax Los Angeles already levied on all real estate deals. Both taxes are typically paid by the seller.
The levy has raised $1,032,880,148.93 through December 2025, according to a Los Angeles Housing Department online tracker.
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The transfer tax generated about $307 million in the last six months.
https://finance.yahoo.com/news/l-mansion-tax-raised-1-220652182.html