1950 Weepah Way

Los Angeles, California, 90046

Tax DeedpendingSells Oct 20, 2026 · in 13 days

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Beds: 2
Baths: 1
SqFt: 1,016
Lot Size: 2,724
Year Built: 1923
APN: 5567-023-004

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Purchase Method: Cash Purchase
County: Los Angeles

Value

Estimated Value: $983,000
Assessed Value: $354,077; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2020

Last Sale

Document Type: Quit Claim Deed

Opportunity

Opening Bid: $4,789
Bid / Value: 0.49%; of $983,000
Property Tax 2025: $4,493; annual bill · not the amount owed
Equity (est.): $983,000; 100%
Monthly Rent: $2,820; Suggested rent
Gross Yield: 3.44%

Opening bid

$4,789

Assessed value

$354,077

Land $191,394Improvement $162,683

Market / AVM

$983,000

Property tax 2025

$4,493

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Delouise Wessel
Mailing Address: 1950 Weepah Way, Los Angeles, CA 90046
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 2
Total Bathrooms: 1
Heating Type

Deal analysis

School	Type	Grades	Rating	Enrollment
Walter Reed Middle School	Public	6-8	6	1,672
Valley View Elementary School	Public	K-6	8	222
Collegiate Charter High School Of Los Angeles	Charter	9-12	6	166
Gardner Street Elementary School	Public	K-6	7	408
Hawthorne Elementary School	Public	K-8	8	556
Resolute Academy Charter	Charter	5-8	4	246
Beverly Hills High School	Public	9-12	9	1,384
University Senior High School Charter	Public	9-12	6	1,511
KIPP Promesa Prep	Charter	K-4	9	456
Public Policy Charter	Charter	5-8	4	104
Fenton Stem Academy: Elementary Center For Science Technology Engineering And Mathematics	Charter	K-5	4	0
Carpenter Community Charter School	Charter	K-5	8	1,014
Alliance 6-12 College-Ready Academy 21	Charter	6, 9	7	300
Ypi Valley Public Charter High	Charter	9-12	0	0
Fairfax Senior High School	Public	9-12	7	1,827
Fenton Academy For Social And Emotional Learning	Charter	K-5	0	0
University Preparatory Value High	Charter	9-12	4	479
USC East College Prep	Charter	9-12	7	300
Rio Vista Elementary School	Public	K-5	7	467
University Senior High School	Public	9-12	6	1,763
Emerson Community Charter School	Charter	6-8	6	573
Hollywood Senior High School	Public	9-12	6	1,481
North Hollywood Senior High School	Public	9-12	8	2,522
Hubert Howe Bancroft Middle School	Public	6-8	3	742
KIPP Ignite Academy	Charter	K-4	2	436
Libertas College Preparatory Charter	Charter	4-8	7	258
West Hollywood Elementary School	Public	K-5	9	432
Wonderland Avenue Elementary School	Public	K-5	9	516

Sale Date	Recorded	Document	Doc #	Arm's Length	Method	Buyer	Seller
01/29/1996	01/29/1996	Quit Claim Deed	0000157157	No	Cash Purchase	Diane G Delouise-Wessel	Wessel,P D

Your maximum bid

$587,991

Walk away above this. Projected profit at the ceiling: $294,900 (30% of ARV).

Opening bid $4,789

Room to bid $583,202

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

History-guided suggestion

$195,734

Under max by $392,256

≤ 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 $587,991 — 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 $983,000. 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: $983,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$78,640
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 ~$1,475/month.: −$16,220
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): −$294,900
Maximum bid: $587,991

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.

1950 Weepah Way

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

1950 Weepah Way

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

Schools

Tax Assessment Information

Sale History

County records

Los Angeles County rules

Historical comps

Verify before you bid