Trump National Golf Club Los Angeles

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FAST FACTS Underlying Assets: Golf Course and Unsold Lots Location: Los Angeles, CA Purchase Date: 2002 Purchase Price: $27 million Reported Value: $50 million or more Reported Income: $26,905,496 Website: trumpnationallosangeles.com OVERVIEW Donald Trump bought the Trump National Golf Club - Los Angeles in 2002 for $27 million. The course is located in the community of Ranchos Palos Verdes. Trump claimed that the course was worth $50 million or more in his 2016 financial disclosure. This claim contradicts appeals Trump has made to lower the assessment value of the golf course to $14 million. Trump has reported two streams of income for his Los Angeles Golf Club. Golf related revenue was $15,635,196 in 2016. Land Sales accounted for $11,270,300 in 2016. Trump developed housing associated with the site, building fifty mansions worth millions of dollars each. Donald Trump has feuded with local officials and neighbors over illegally planted rows of ficus that obscured neighbors' views of the ocean. OWNERSHIP STRUCTURE Trump National Golf Club - Los Angeles: 100% owned by RPV Development LLC 

    100% owned by Donald J. Trump
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