@JohnB5677 I am the association president. Actually I think I am wrong about the association paying property taxes. I am not sure. I know the association pays taxes to the government based on our income we bring in, etc. I don't think we receive a separate tax bill from the city for the building since all of us owners each pay property taxes. So that would be the city double dipping.
It's just very odd that the land value is so high. And it's just condos in San Diego. I have seen single family tax bills where it's the inverse of the percentages.
There's 12 units so I would assume 1/12 of the common area is allocated to my unit. Maybe that is why the land value is so high. Still doesn't make sense.
