Los Angeles 2026B online auction · item 3470

6303-008-010

Vacant Land · Vernon · 0.70 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
$4,526
County assessed
$10
Bid ÷ assessed
—
assessment under $1,000
In default since
1988

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

None of the screen's flags apply to this parcel.

The county's record

Use
Vacant Land, use code 300V
Zoning
VEM*
Lot
30,314 sq ft (0.70 acres)
Building
None on the Assessor's record
Land value
$10
Improvements
$0
Prop 13 base year
1975
Tax status
In default, as read October 8, 2026
Legal description
JOHN R TAYLOR'S VERNON AVENUE VILLA LOTS LOT COM N 89°35' E 200 FT AND N 0°25' W 100 FT FROM NW COR OF TR NO 4621 TH N 89°35' E 90 FT TH N 0°20'36" W TO A LINE PARALLEL WITH AND DIST S AT R/A 50 FT FROM A LINE WHICH BEARS S 88°39'41" W FROM A PT S 0°25' E 138.09 FT AND N 88° 57'49" W 186.04 FT AND S 87°21'35" W 500.04 FT FROM INTERSECTION OF C/L OF BANDINI BLVD WITH A LINE PARALLEL WITH AND DIST W AT R/A 17.5 FT FROM E LINE OF DOWNEY RD TH S 88°39'41" W TO W LINE OF LOT 19 TH S THEREON TO BEG PART OF LOT 19

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.