7051 N Figueroa St

Los Angeles, California, 90042

Tax DeedpendingSells Oct 20, 2026 · in 18 days

View on map ↗

Opening bid

$447,801

Assessed value

$739,505

Land $739,505Improvement $0

Market / AVM

$739,505

Taxes owed

—

Parcel number: 5480-012-016
Case number: —
Land use: Commercial
Building: —
Acreage: 0.26
Lot size: 11,150 sqft
Year built: —
Owner of record: Fhl Financial Group
Last sale: $237,701 · 2008-01-06

Legal description

ANNANDALE VIEW TERRACE LOT 51 AND SE 25.06 FT MEASURED ON NE AND SW LINES OF LOT 52

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 7051 N Figueroa St — the parcel

Aerial view of 7051 N Figueroa St — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 314 values

Summary(20)

Id	14,065,275
Death	Yes
Cash buyer	Yes
Flood zone	Yes
Free clear	Yes
High equity	Yes
Notice type	FOR
Trustee sale	Yes
Last sale date	2008-01-06
Property type	LAND

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Google Maps (parcel / address search) ↗

Los Angeles County rules

Sale type: Tax Deed
Redemption: Up until 5pm the last business day before the sale (5-year delinquency threshold)
Return if redeemed: N/A — outright deed transfer
Statute: California Revenue & Taxation Code, Div. 1, Pt. 6

Full county profile →

Historical comps

614 recorded outcomes in CA|Tax Deed (614 with winning bid).

Sample size: 614
p(redeem) prior: 12%
Median sold: $3,853
Med bid/assessed: —

San Diego County2026-03-15
Owned
$529,849
San Diego County2026-03-15
Owned
$344,798
San Diego County2026-03-15
Owned
$881,663
San Diego County2026-03-15
Owned
$191,057
San Diego County2026-05-15
Owned
$135,003
San Diego County2026-05-15

Liens that survive

A California tax deed conveys free of most liens existing before the sale, but federal tax liens survive (the IRS keeps a 120-day post-sale redemption right), as do taxes/assessments that become payable after the sale.

Quiet title

Not a statutory prerequisite, but practically required — most title insurers in California won't insure a tax-deed property without a completed quiet title action (commonly 3-6 months, $3,000-$8,000+ in legal fees), and many won't insure until a year after the deed is recorded.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

LA County Treasurer and Tax Collector ↗

Deal analysis

Your maximum bid

$441,041

Do not bid — the numbers do not clear your margin.

Opening bid $447,801

Room to bid -$6,760

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

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

614

Median sold

$3,853

p(redeem) prior

12%

History n=614: median sold $3,853 is well below oracle $441,041 — target ~82% of ceiling.
Oracle says no-bid — suggestion is pass.

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 $739,505. 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: $739,505
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$59,160
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 ~$1,109/month.: −$12,202
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): −$221,852
Maximum bid: $441,041

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.
The opening bid of $447,801 is already above your ceiling of $441,041.27.

14,065,275

Death

Yes

Cash buyer

Yes

Flood zone

Yes

Free clear

Yes

High equity

Yes

Notice type

FOR

Trustee sale

Yes

Last sale date

2008-01-06

Property type

LAND

Deal analysis

Your maximum bid

$441,041

Do not bid — the numbers do not clear your margin.

Opening bid $447,801

Room to bid -$6,760

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

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

614

Median sold

$3,853

p(redeem) prior

12%

History n=614: median sold $3,853 is well below oracle $441,041 — target ~82% of ceiling.
Oracle says no-bid — suggestion is pass.

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 $739,505. 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: $739,505
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$59,160
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 ~$1,109/month.: −$12,202
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): −$221,852
Maximum bid: $441,041

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.
The opening bid of $447,801 is already above your ceiling of $441,041.27.

Apn	5480-012-016
Zoning	LARD1.5
Land use	Commercial
Lot acres	0.26
Lot number	51,52
Census block	1006
Census tract	183222
Property use	Commercial-Vacant Land
Subdivision	Annandale View Terrace
Lot depth feet	162.5
Lot width feet	74.4
Lot square feet	11,150
Property class	The general use for the property is for commercial purposes
Apn unformatted	5480012016
Census block group	6
Legal description	ANNANDALE VIEW TERRACE LOT 51 AND SE 25.06 FT MEASURED ON NE AND SW LINES OF LOT 52

Year	2,025
Tax amount	$9,049
Property id	14,065,275
Assessed value	$739,505
Assessment year	2,025
Assessed land value	$739,505
Tax delinquent year	2007

Ltv	100
Seq no	1
Sale date	2008-01-06
Arms length	Yes
Buyer names	The Fhl Financial Group
Sale amount	$237,701
Down payment	$237,701
Seller names	Lowell Industries Inc
Document type	Trustees Deed
Recording date	2008-01-16
Document number	08-0090003
Purchase method	Cash Purchase
Owner individual	Yes
Transaction type	Foreclosure
Document type code	DTTD

Owner1 type	Individual
Owner2 type	Other
Mail address · zip	92653
Mail address · city	Laguna Hills
Mail address · fips	06037
Mail address · unit	280
Mail address · zip4	3603
Mail address · house	24422
Mail address · label	24422 Avenida De La Carlota Ste 280, Laguna Hills, CA 92653
Mail address · state	CA
Mail address · street	Avenida De La Carlota
Mail address · address	24422 Avenida De La Carlota Ste 280
Mail address · unit type	Ste
Mail address · carrier route	C042
Mail address · address format	H
Absentee owner	Yes
Owner1 full name	Fhl Financial Group
Owner1 last name	Fhl Financial Group
Ownership length	224
In state absentee owner	Yes

Ltv	Seq no	Sale date	Arms length	Buyer names	Sale amount	Down payment	Seller names	Document type	Recording date	Document number	Purchase method	Owner individual	Transaction type	Document type code
100	1	2008-01-06	Yes	The Fhl Financial Group	$237,701	$237,701	Lowell Industries Inc	Trustees Deed	2008-01-16	08-0090003	Cash Purchase	Yes	Foreclosure	DTTD
	2	2006-10-26		Lowell Industries Inc			Edgar B Spence, The Edgar B Spence Revocable Trust	Grant Deed	2006-10-30	06-2398135	Cash Purchase		Non-Arm's Length Transactions	DTGD
	3	2006-10-24		Lowell Industries Inc			Diana C Hyland, The Edgar B Spence Revocable Trust	Grant Deed	2006-10-30	06-2398134	Cash Purchase		Non-Arm's Length Transactions	DTGD
	4	2005-07-07		Diana C Hyland, Revocable Trust Of Edgar B Spence			Edgar B Spence	Affidavit Death Of Trustee/Successor Trustee	2005-11-17	5-2794388	Cash Purchase		Non-Arm's Length Transactions	DTST
100	5	1993-04-08		Edgar B Spence Iii	$75,000	$75,000	Hyland, Diana C Et Al	Quit Claim Deed	1998-05-15	98-0824813	Cash Purchase	Yes	Non-Arm's Length Transactions	DTQC

Fmr year	2023
Hud area code	METRO31080MM4480
Hud area name	Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
Median income	$81,853
Fmr efficiency	$1,534
Fmr one bedroom	$1,747
Fmr two bedroom	$2,222
Fmr four bedroom	$3,170
Fmr three bedroom	$2,888

Id	421193
Name	Northeast Los Angeles
Type	subdivision
Center	POINT(-118.21190959552 34.106975495976)

Address · zip	90042
Address · city	Los Angeles
Address · fips	06037
Address · zip4	1276
Address · house	7051
Address · label	7051 N Figueroa St, Los Angeles, CA 90042
Address · state	CA
Address · county	Los Angeles County
Address · street	Figueroa
Address · address	7051 N Figueroa St
Address · street type	St
Address · carrier route	C024
Address · jurisdiction	Los Angeles County
Address · pre direction	N
Address · congressional district	34
Deck area	0
Latitude	34.13049553581715
Pool area	0
Longitude	-118.18891435685046
Patio area	0
Porch area	0
Rooms count	0
Units count	0
Property use	Commercial-Vacant Land
Lot square feet	11,147
Parking spaces	0
Buildings count	0
Property use code	393
Garage square feet	0
Living square feet	0
Partial bathrooms	0
Basement square feet	0
Building square feet	0
Price per square foot	0
Plumbing fixtures count	0
Basement finished percent	0
Basement square feet finished	0
Basement square feet unfinished	0

Seq no	Notice type	Opening bid	Auction date	Auction time	Document type	Judgment date	Foreclosure id	Recording date	Judgment amount	Auction street address	Lender name	Lender phone	Default amount	Original loan amount	Trustee phone	Trustee address	Trustee full name	Trustee sale number
1	FOR	27,495	2007-11-27	10:00A AM	Notice of Foreclosure Sale	2007-11-27	159,670	2007-11-07	$27,495	867 W GLENTANA ST, COVINACA
2	FOR	392,721	2009-03-03	11:00A AM	Notice of Foreclosure Sale	2009-03-03	307,783	2009-02-11	$392,721	26679 W AGOURA RD, CALABASASCA
3	FOR	391,791	2009-01-23	11:00A AM	Notice of Foreclosure Sale	2009-01-23	287,733	2009-01-02	$391,791	26679 W AGOURA RD, CALABASASCA
4	NR				Notice of Rescission		10,366,900	2010-10-06
5	FOR	235,790	2008-01-04	10:30A AM	Notice of Foreclosure Sale	2008-01-04	164,150	2007-12-18	$235,790	12720 NORWALK BLVD, NORWALKCA
6	NOD				Notice of Default		73,757	2008-03-31			FIDELITY MORTGAGE LENDERS INC	310-820-4300	$11,640	$320,000
7	FOR	350,249	2008-07-30	11:00A AM	Notice of Foreclosure Sale	2008-07-30	192,417	2008-07-07	$350,249	26679 W AGOURA RD, CALABASASCA
8	NOD				Notice of Default		121,387	2007-08-02			S & J COLLEGE FUND INC	626-331-0568	$25,603	$24,000	626-331-0568	867 GLENTANA ST COVINA CA 91722	S & J COLLEGE FUND INC	2403

Seq no	Amount	Loan type	Term type	Lender code	Lender name	Lender type	Mortgage id	Grantee name	Document date	Loan type code	Recording date	Document number	Term	Maturity date
1	$24,000	Unknown	Month	N	Swing Loans Inc	Not Known	4226581	Lowell Industries Inc	2007-04-13	U	2007-04-27	07-1016013
2	$320,000	Stand Alone First / Home Equity First Lien	Month	P	The Harry L & Jean M Martin Family Trust	Private Party (Individual)	4034560	Lowell Industries Inc	2006-11-29	SAF	2006-12-06	06-2704700	30	2009-12-15
3	$551,075	Building or Construction Loan	Month	P	The Terri Wood Revocable Living Trust	Private Party (Individual)	3976036	Lowell Industries Inc	2006-10-13	CON	2006-10-30	06-2398136

Property detail

County records

Los Angeles County rules

Historical comps

Verify before you bid

Property detail

County records

Los Angeles County rules

Historical comps

Verify before you bid

AI risk brief