Los Angeles 2026B online auction · item 3503

7274-006-023

Commercial · Long Beach · 0.30 acres

1217 ALAMITOS AVE, LONG BEACH, CA 90813

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
$67,565
County assessed
$1,775,691
Bid ÷ assessed
0.038
In default since
2018

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
Commercial, use code 2600
Zoning
LBR4N
Lot
12,879 sq ft (0.30 acres)
Year built
1964
Building
8,855 sq ft
Units
1
Land value
$974,888
Improvements
$800,803
Prop 13 base year
2018
Tax status
In default, as read October 8, 2026
Legal description
HAMILTON SUB OF LOT 185 AMERICAN COLONY TRACT LOTS 15 AND LOT 16 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.

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 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.