Los Angeles 2026B online auction · item 2672

3126-029-029

Institutional · Lancaster · 0.19 acres

42655 2ND ST E, LANCASTER, CA 93535

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
$22,468
County assessed
$167,323
Bid ÷ assessed
0.134
In default since
2021

Deep discount Opens at a quarter of the county's assessed value or less.

Flags

  • Structure on record

    The county's records show something built here: improvement value on the assessor's roll, or a year built on its parcel map. That can be the asset or it can be the liability — a derelict building is a demolition bill, and an occupied one is a possession problem.

The county's record

Use
Institutional, use code 7100
Zoning
LCM11/2-B1*
Lot
8,372 sq ft (0.19 acres)
Year built
1948
Building
1,029 sq ft
Units
1
Land value
$139,437
Improvements
$27,886
Prop 13 base year
2020
Tax status
In default, as read October 8, 2026
Legal description
RECORD OF SURVEY AS PER BK 61 PG 28-29 OF R S N 55.5 FT OF E 150 FT OF LOT 8

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

What parcels with a building 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 With a building 16 0 14 under 30
April 2026 With a building 6 0 5 under 30

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.