La Mirada~Assessed valuation of private properties in the City of La Mirada passed the $5 billion mark for the first time during 2012, according to the Los Angeles County Assessor’s Office.

The value of properties in La Mirada grew by $103,205,988 to a total of $5,062,501,248 during the year.  The pace of growth in La Mirada, which is a nearly fully developed community, was on par with the County as a whole.

There are 13,416 residential parcels in La Mirada, 486 commercial-industrial parcels and 62 residential income properties, according to the Assessor’s report.