Los Angeles 2026B online auction · item 3296
4188-028-030
Commercial · Hermosa Beach · 0.07 acres
233 PACIFIC COAST HWY, HERMOSA BEACH, CA 90254
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
- $145,020
- County assessed
- $942,631
- Bid ÷ assessed
- 0.154
- In default since
- 2015
Deep discount Opens at a quarter of the county's assessed value or less.
Flags
- IRS lien
The county's IRS liens list for this sale names this parcel. Its terms say a federal tax lien is not discharged by the tax sale, so the lien stays with the parcel after you buy it, and the IRS keeps a right to redeem. Call the IRS Foreclosure Redemption Section, (800) 913-6050, before you bid.
- 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
- Commercial, use code 2100
- Zoning
- HBC3YY
- Lot
- 2,956 sq ft (0.07 acres)
- Year built
- 1953
- Building
- 1,428 sq ft
- Land value
- $478,566
- Improvements
- $464,065
- Prop 13 base year
- 2004
- Tax status
- In default, as read October 8, 2026
- Legal description
- WALTER RANSOM CO'S VENABLE PLACE NE 74 FT OF SW 110 FT OF LOT 59
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
| 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.