Income from Donald Trump’s LA golf course fell $7M last year

The president's lone LA venture brought in $20 million

Trump National Golf Club Los Angeles, with Donald Trump (via Wikimedia Commons)
Trump National Golf Club Los Angeles, with Donald Trump (via Wikimedia Commons)

President Donald Trump’s lone Los Angeles County property brought in $20 million in income last year, according to his annual financial disclosure released this week.

While Trump owns a home in Beverly Hills, his Trump Organization owns one commercial venture in L.A.: the 250-acre Trump National Golf Club Los Angeles and the adjoining Estates at Trump National luxury development in Rancho Palos Verdes.

The golf club earned $7 million less than it earned in 2016 and 2015.

RPV Development LLC, Trump’s wholly owned entity that legally owns the golf course and housing development, brought in roughly $11.6 million in “golf-related revenue” and another $9.3 million from “land sales,” in 2017, according to the disclosure.

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The property is worth “over $50 million” and its assets include unsold lots, according to the disclosure form.

Trump’s top-earning property nationwide is the Trump National Doral Golf Course in Miami, which took in $74.7 million last year.

Trump also took in around $100 million in total from his New York properties, but the disclosure form doesn’t suggest any one property topped $10 million in income.