Los Angeles 2026B online auction · item 2510
3062-022-001
Vacant Land · Mount Waterman · 0.08 acres
VAC/VIC LARGO VISTA(204E)/CAMINO, MOUNT WATERMAN, CA 93544
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
- $5,409
- County assessed
- $212
- Bid ÷ assessed
- —
- assessment under $1,000
- In default since
- 2003
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
- Paper lot
Under a tenth of an acre with nothing built on it. Too small to build on under most zoning — the classic legacy-subdivision lot that costs money to own and cannot be developed or easily resold.
The county's record
- Use
- Vacant Land, use code 580V
- Zoning
- LCA12*
- Lot
- 3,384 sq ft (0.08 acres)
- Building
- None on the Assessor's record
- Land value
- $212
- Improvements
- $0
- Prop 13 base year
- 1975
- Tax status
- In default, as read October 8, 2026
- Legal description
- OFFICIAL MAP OF LOS ANGELES COUNTY AS PER BK 3 PG 10 TO 18 OF O M LOT 101 DIV 18 REG 11
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
| 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× |
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.