Los Angeles 2026B online auction · item 3538
8048-010-031
Vacant Land · Norwalk Rp · 0.01 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
- $15,286
- County assessed
- $5,294
- Bid ÷ assessed
- 2.89
- In default since
- 1982
Above assessed Opens for MORE than the county's own total assessed value. You are paying a premium on day one, before costs.
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.
The county's record
- Use
- Vacant Land, use code 050V
- Zoning
- NOR3*
- Lot
- 598 sq ft (0.01 acres)
- Building
- None on the Assessor's record
- Land value
- $5,294
- Improvements
- $0
- Prop 13 base year
- 1975
- Tax status
- In default, as read October 8, 2026
- Legal description
- *TR=10831 *LOT COM AT SW COR OF TR NO 38745 TH S 0°03'30" W 2.93 FT TH N 89° 45' E TO S LINE OF SD TR TH W THEREON TO BEG POR OF LOT 7 BLK B
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
| 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.