Los Angeles 2026B online auction · item 3294
4138-029-005
Other Property Type · El Segundo · 0.40 acres
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
- $2,747
- County assessed
- $22
- 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
- Other Property Type, use code 810X
- Zoning
- ESM2
- Lot
- 17,388 sq ft (0.40 acres)
- Building
- None on the Assessor's record
- Land value
- $22
- Improvements
- $0
- Tax status
- In default, as read October 8, 2026
- Legal description
- TR=1314 FOR DESC SEE ASSESSOR'S MAPS POR OF LOT 2
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× |
| 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.