Los Angeles 2026B online auction · item 3488
7139-020-010
Vacant Land · Long Beach · 349 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
- $1,994
- County assessed
- $100
- Bid ÷ assessed
- —
- assessment under $1,000
- In default since
- 2011
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
- 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
- Vacant Land, use code 100V
- Zoning
- LBCR*
- Lot
- 349 sq ft
- Land value
- $50
- Improvements
- $50
- Prop 13 base year
- 1975
- Tax status
- In default, as read October 8, 2026
- Legal description
- LICENSED SURVEYORS MAP AS PER BK 12 PG 39 OF L S UND 1/3 INT IN S 4 FT OF LOT 14
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.