Los Angeles 2026B online auction · item 2481

3040-023-040

Vacant Land · Sun Village · 0.91 acres

VAC/COR AVE R8/145TH STE, SUN VILLAGE, CA 93543

Bidding runs October 17–20, 2026 on GovEase and closes at 12:00 p.m. PT on Tuesday, October 20. Registration and deposits closed October 13.

Opening bid
$2,160
County assessed
$712
Bid ÷ assessed
—
assessment under $1,000
In default since
2021

Nominal assessment The county's total assessed value here is under $1,000, which is not what the parcel is worth — it is a leftover from an old nominal-value transfer that Proposition 13 never re-based. Dividing a real opening bid by it produces a large number that means the assessment is tiny, not that the price is outrageous. There is no usable ratio here, so this parcel is not ranked against the others.

Flags

  • Offered before, didn't sell

    This parcel was in the county's previous sale and drew no bid. The market has already seen it once and passed. A lower opening bid this time is the county trying again, not a discount someone missed.

The county's record

Use
Vacant Land, use code 010V
Zoning
LCA25*
Lot
39,522 sq ft (0.91 acres)
Building
None on the Assessor's record
Land value
$712
Improvements
$0
Prop 13 base year
1975
Tax status
In default, as read October 8, 2026
Legal description
TRACT NO 8896 LOT 315

Values from the 2026 roll, effective July 31, 2026.

What bare land sold for at earlier Los Angeles auctions

Los Angeles publishes the price of every parcel it sells. Each dot is one of those sales, at its price divided by its own opening bid, so a dot at 1× went for the opening bid and a dot at 10× for ten times it.

one sale median, shown only where a group has 30 sales or more

The same sales as a table
Group Sold At the opening bid At 2× or more Median
April 2025 Bare land 111 30 46 1.61×
April 2026 Bare land 115 30 56 1.89×
June 2025 June re-offer of April's unsold 25 of 71 13 5 under 30

This parcel was on the county's April 2026 list and did not sell. The June 2025 row is the county's second try at April 2025's unsold parcels, at lower opening bids.

These rows describe groups of earlier sales. None of them is an estimate of what this parcel will sell for.

Sources: the county's 2025A auction books and excess-proceeds list and its 2026A excess-proceeds list. The method is in the write-up.