Los Angeles 2026B online auction · item 3566
8507-004-106
Multi-Family Residence · Monrovia · 0.44 acres
1721 S MAGNOLIA AVE, MONROVIA, CA 91016
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
- $17,966
- County assessed
- $1,757,121
- Bid ÷ assessed
- 0.010
- 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
- Multi-Family Residence, use code 0500
- Zoning
- MORH*
- Lot
- 19,001 sq ft (0.44 acres)
- Year built
- 1987
- Building
- 12,354 sq ft
- Rooms
- 30 beds, 30 baths
- Units
- 10
- Land value
- $351,398
- Improvements
- $1,405,723
- Prop 13 base year
- 1988
- Tax status
- In default, as read October 8, 2026
- Legal description
- TR=6348 FOR DESC SEE ASSESSOR'S MAPS POR OF LOT 12
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.