Los Angeles 2026B online auction · item 3569

8551-011-072

Vacant Land · Baldwin Pk · 148 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
$2,636
County assessed
$121
Bid ÷ assessed
—
assessment under $1,000
In default since
2019

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

  • 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 100V
Zoning
BPC2*
Lot
148 sq ft
Building
None on the Assessor's record
Land value
$121
Improvements
$0
Prop 13 base year
2013
Tax status
In default, as read October 8, 2026
Legal description
TR=16422 POR OF VAC ST ADJ LOT 1 PM 202- 77-78 ON SW

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.