City of Cerritos logo

Skip to Content | Footer | Accessibility

E-News signup for e-mail/text updates

 

Homeowners’ Exemption program provides property tax savings

August 27, 2021

According to the Los Angeles County Assessor’s Office, approximately 25 percent of eligible homeowners in Cerritos do not participate in the Homeowners’ Exemption (HOX) program. HOX reduces the assessed value of a home or condo by $7,000 for tax purposes, which translates to a reduction of $70 annually to a homeowner’s property tax bill.

The property must be the owner’s principal place of residence as of January 1, and an application must be submitted in order for a homeowner to qualify. Applications received after February 15 are prorated for that year, but the homeowner will receive the full amount the following years. The savings will continue until a change is recorded.

For more information or to request an application, call (213) 974-3211 or (888) 807-2111. Applications also are available at assessor.lacounty.gov/homeowners-exemption.

Back to Article Top