Malibu property owners whose homes or properties have sustained significant physical damage from recent high tides and powerful ocean swells may qualify for property tax relief through the Los Angeles County Assessor’s Misfortune or Calamity reassessment program.The program provides property tax relief to owners whose properties have been damaged or destroyed by a natural disaster, including qualifying damage from severe ocean conditions.

Who may qualify?
✅ Properties with at least $10,000 in physical damage.
✅ Owners who file an Application for Reassessment Property Damaged by Misfortune or Calamity (Form ADS-820) within 12 months of the date the damage occurred.

Contractor estimates or other documentation of repair costs can be used to support the damage assessment.

If approved, the property's assessed value will be reduced. The reduction remains in effect until the property is repaired or reconstructed, sold, or a tax base transfer occurs.

Learn more and apply on the LA County Assessor's website.