1270 S Herbert Ave

Los Angeles, California, 90023

Tax DeedpendingSells Oct 20, 2026 · in 12 days

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Beds: 2
Baths: 2
SqFt: 1,318
Lot Size: 11,703
Year Built: 1929
APN: 5241-004-017

Property Type: Mfr
Distressed: No
Vacant: No
Owner Type: Individual
Length of Ownership: 13 Years 8 Months
Purchase Method: Cash Purchase
County: Los Angeles

Value

Estimated Value: $608,000
Assessed Value: $70,443; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2015

Last Sale

Document Type: Intrafamily Transfer

Opportunity

Opening Bid: $46,595
Bid / Value: 8%; of $608,000
Property Tax 2025: $2,086; annual bill · not the amount owed
Equity (est.): $608,000; 100%
Monthly Rent: $2,222; Suggested rent
Gross Yield: 4.39%

Opening bid

$46,595

Assessed value

$70,443

Land $44,341Improvement $26,102

Market / AVM

$608,000

Property tax 2025

$2,086

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Mark Steven Perez
Mailing Address: 1272 S Herbert Ave, Los Angeles, CA 90023
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 2
Total Bathrooms: 2
Heating Type

Deal analysis

Sale Date	Recorded	Document	Doc #	Arm's Length	Method	Buyer	Seller
11/26/2012	01/22/2013	Intrafamily Transfer	13-0103573	No	Cash Purchase	Mark Steven Perez	Candelaria Bracamonte, Perez Trust
10/06/2011	10/21/2011	Affidavit Death Of Trustee/Successor Trustee	11-1431309	No	Cash Purchase	Candelaria Bracamonte	Perez Trust, Mary Louise Perez

Your maximum bid

$361,678

Walk away above this. Projected profit at the ceiling: $182,400 (30% of ARV).

Opening bid $46,595

Room to bid $315,083

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$146,587

Under max by $215,091

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

614

Median sold

$3,853

p(redeem) prior

12%

History n=614: median sold $3,853 is well below oracle $361,678 — target ~82% of ceiling.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $608,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $608,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$48,640
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical CA range ($3,000–$7,000, ~9 months).: −$5,000
Deed recording and transferassumed Typical CA recording and deed issuance cost.: −$250
Holding costs (11 months)assumed Taxes, insurance, and securing the property at ~$912/month.: −$10,032
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$182,400
Maximum bid: $361,678

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. No post-sale redemption. The owner's right ends at 5pm on the last business day before the sale, so the deed conveys without that overhang.
California assesses at full cash value, but Proposition 13 fixes the base year and factors it forward at up to 2%/yr. On a long-held parcel the assessed value can sit far below market, so an ARV derived from it understates the property — get comparable sales before bidding.

1270 S Herbert Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

1270 S Herbert Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Tax Assessment Information

Sale History

County records

Los Angeles County rules

Historical comps

Verify before you bid