Los Angeles 2026B online auction · item 3323
5083-031-033
Recreational · Los Angeles · 0.20 acres
4551 W PICO BLVD, LOS ANGELES, CA 90019
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
- $190,360
- County assessed
- $2,272,885
- Bid ÷ assessed
- 0.084
- In default since
- 2017
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
- Recreational, use code 6530
- Zoning
- LAC4
- Lot
- 8,588 sq ft (0.20 acres)
- Year built
- 1935 (effective year 1950)
- Building
- 6,992 sq ft
- Land value
- $1,633,638
- Improvements
- $639,247
- Prop 13 base year
- 2017
- Exemption
- Religious exemption
- Tax status
- In default, as read October 8, 2026
- Legal description
- TRACT # 4139 EX OF ST LOTS 13,14 AND LOT 15 BLK 2
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. A row with fewer than 30 sales gets no median.
| 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.