Los Angeles 2026B online auction · item 3438

6073-027-046

Vacant Land · Los Angeles · 375 sq ft

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
$2,039
County assessed
$691
Bid ÷ assessed
—
assessment under $1,000
In default since
2019

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.

  • Brush clearance charges

    The Los Angeles Fire Department lists unpaid brush clearance charges on this parcel. It says a winning bid will not cancel the liens and asks the buyer to request the actual amount once title has transferred.

The county's record

Use
Vacant Land, use code 300V
Zoning
LAM1
Lot
375 sq ft
Building
None on the Assessor's record
Land value
$691
Improvements
$0
Prop 13 base year
1989
Tax status
In default, as read October 8, 2026
Legal description
TR=4449 1/2 VAC ALLEY

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

The same sales as a table
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.