Reviewed and updated October 16, 2026
Rules and decisions to review
- For transactions closing after June 30, 2026, the city lists a 4% ULA rate when consideration or value exceeds $5.4 million but is less than $10.9 million.
- The listed rate is 5.5% for consideration or value of $10.9 million or more. Annual threshold adjustments mean the closing date matters.
- The applicable ULA rate applies to the taxable consideration or value under the city rules, not merely the dollars above the threshold.
- ULA is additional to applicable ordinary transfer taxes. Exemptions are specific; a general homestead exemption is not a blanket solution.
A practical example
A $6 million qualifying conveyance in the city after June 30, 2026 produces $240,000 of ULA tax at 4%, before other transfer taxes or transaction-specific adjustments. A property elsewhere in Los Angeles County is not subject merely because it is in the county.
Records to gather
Gather property address and jurisdiction, closing date, sale agreement, ownership interests transferred and exemption evidence if applicable.
Your next step
Confirm the property lies within city boundaries and obtain a closing-date-specific calculation from the transaction professionals. Review any claimed exemption directly against city requirements before relying on it in the sale budget.
Official sources
This guide provides general information. The rules depend on the tax year, jurisdiction and your circumstances. Ask our team which filing or planning steps apply to you.
