Prop 19 allows homeowners 55 and older, severely disabled individuals, and wildfire/disaster victims to transfer their existing property tax base to a replacement home anywhere in California, up to three times . With Westlake Village median home prices at $1.6M and neighboring Thousand Oaks at $1.27M, this benefit can save eligible homeowners thousands annually in property taxes .
What is Proposition 19 and How Does It Work in 2026?
Wildwood Regional Park ONYX restaurantHow Much Can You Save by Transferring Your Tax Base?
| Scenario | Assessed Value | Annual Property Tax | Annual Savings |
|---|---|---|---|
| Without Prop 19 | $1,624,500 | $17,869 - $21,119 | - |
| With Prop 19 Transfer | $560,000 | $6,160 - $7,280 | $11,709 - $13,839 |
Annual Property Tax Savings Comparison
Source: Ventura County Assessor, April 2026
Who Qualifies for Prop 19 Tax Base Transfers?
move-up opportunities in the Conejo ValleyHow Do You Apply for a Prop 19 Tax Base Transfer?
Ventura County Assessor rental properties in Thousand Oaks to primary residences in Westlake VillageWhat Are the Most Common Mistakes When Using Prop 19?
inherited propertiesFrequently Asked Questions About Prop 19 Tax Base Transfers
Can I use Prop 19 to move from Los Angeles County to Ventura County?
Yes, the tax base may be transferred to a property located anywhere in the state, and Prop 19 removed geographic walls entirely . Many families are using this benefit to move from high-density LA areas to the Conejo Valley while keeping their longtime tax advantages.
What happens if my new home costs more than my old one?
You still keep your original tax base, but any value difference may affect your final assessment. The value difference between the two homes may still affect the final taxable amount under the Prop 19 California regulations . The transfer works best when moving to a comparable or less expensive home.
Can I transfer tax base from a condo to a single-family home?
Yes, property type doesn't matter as long as both qualify as primary residences. The replacement residence can be of any value, and anywhere within the state . Many buyers use this benefit to upgrade from condos to single-family homes in areas like Wildwood Regional Park.
Is there a income limit for Prop 19 benefits?
No income limits apply to Prop 19 tax base transfers. No application. No income test. No age requirement for the base Prop 13 benefit, and Prop 19 transfers follow the same approach. The benefit is available regardless of your financial situation.
Thinking About Buying or Selling in the Conejo Valley?
Davis Bartels and the DB Real Estate Group have served families across the Conejo Valley and Ventura County since 2009, with 500+ closed transactions and nearly $500 million in career sales volume, including a career-best 100 closings and $103M+ in 2025. Whether you're exploring your options or ready to make a move, reach out for a no pressure conversation about your goals.
Contact Davis: davisbartels.com or (805) 341-6125
