4551 W Pico Blvd

Los Angeles, California, 90019

Tax DeedpendingSells Oct 20, 2026 · in 19 days

View on map ↗

Opening bid

$190,360

Assessed value

$2,228,319

Land $1,601,606Improvement $626,713

Market / AVM

$2,228,319

Taxes owed

—

Parcel number: 5083-031-033
Case number: —
Land use: Commercial
Building: 6,992 sqft
Acreage: 0.2
Lot size: 8,588 sqft
Year built: 1935
Owner of record: Los Angeles Korean Methodist
Last sale: $7,000,000 · 2016-11-22

Legal description

TRACT # 4139 EXOF ST LOTS 13,14 AND LOT 15 BLK 2 CITY-L.A. MID-CI

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 4551 W Pico Blvd — the parcel

Aerial view of 4551 W Pico Blvd — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 202 values

Summary(17)

Id	154,593,180
Cash buyer	Yes
Flood zone	Yes
Free clear	Yes
High equity	Yes
Last sale date	2016-11-22
Property type	OTHER
Absentee owner	Yes
Equity percent	100
Flood zone type	X

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
$191,057
San Diego County2026-05-15
Owned
$135,003
San Diego County2026-03-15
Owned
$344,798
San Diego County2026-05-15
Owned
$78,401
San Diego County2026-05-15
Owned
$73,737
San Diego County2026-03-15

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

$1,339,541

Walk away above this. Projected profit at the ceiling: $668,496 (30% of ARV).

Opening bid $190,360

Room to bid $1,149,181

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

History-guided suggestion

$553,585

Under max by $785,955

≤ 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 $1,339,541 — 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 $2,228,319. 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: $2,228,319
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$178,266
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 ~$3,342/month.: −$36,767
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): −$668,496
Maximum bid: $1,339,541

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.

154,593,180

Cash buyer

Yes

Flood zone

Yes

Free clear

Yes

High equity

Yes

Last sale date

2016-11-22

Property type

OTHER

Absentee owner

Yes

Equity percent

100

Flood zone type

Deal analysis

Your maximum bid

$1,339,541

Walk away above this. Projected profit at the ceiling: $668,496 (30% of ARV).

Opening bid $190,360

Room to bid $1,149,181

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

History-guided suggestion

$553,585

Under max by $785,955

≤ 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 $1,339,541 — 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 $2,228,319. 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: $2,228,319
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$178,266
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 ~$3,342/month.: −$36,767
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): −$668,496
Maximum bid: $1,339,541

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.

Apn	5083-031-033
Zoning	LAC4
Land use	Commercial
Lot acres	0.20
Lot number	13-15
Census block	3008
Census tract	212800
Property use	Gym, Health Spa
Lot depth feet	128.1
Lot width feet	74.9
Lot square feet	8,588
Property class	The general use for the property is for commercial purposes
Apn unformatted	5083031033
Census block group	8
Legal description	TRACT # 4139 EX OF ST LOTS 13,14 AND LOT 15 BLK 2

Year	2,025
Tax amount	$921
Property id	154,593,180
Assessed value	$2,228,319
Assessment year	2,025
Assessed land value	$1,601,606
Tax delinquent year	2017
Assessed improvement value	$626,713

Ltv	100
Seq no	1
Sale date	2016-11-22
Arms length	Yes
Buyer names	The Los Angeles Korean Methodist Church
Sale amount	$7,000,000
Down payment	$7,000,000
Seller names	Jin Chul Kim, Young Hee Kim
Document type	Grant Deed
Recording date	2016-11-30
Document number	16-1503917
Purchase method	Cash Purchase
Transaction type	Non-Residential Arm's Length Transactions
Document type code	DTGD
Prior owner months owned	255

Owner1 type	Individual
Owner2 type	Other
Mail address · zip	90019
Mail address · city	Los Angeles
Mail address · fips	06037
Mail address · zip4	4234
Mail address · house	4561
Mail address · label	4561 W Pico Blvd, Los Angeles, CA 90019
Mail address · state	CA
Mail address · county	Los Angeles County
Mail address · street	Pico
Mail address · address	4561 W Pico Blvd
Mail address · street type	Blvd
Mail address · carrier route	C055
Mail address · pre direction	W
Mail address · address format	S
Absentee owner	Yes
Owner1 full name	Los Angeles Korean Methodist
Owner1 last name	Los Angeles Korean Methodist
Ownership length	118
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	Transaction type	Document type code
100	1	2016-11-22	Yes	The Los Angeles Korean Methodist Church	$7,000,000	$7,000,000	Jin Chul Kim, Young Hee Kim	Grant Deed	2016-11-30	16-1503917	Cash Purchase	Non-Residential Arm's Length Transactions	DTGD
81	2	1995-08-01	Yes	Carl James Sohn, J & J Revocable Trust	$800,000	$150,000	Hanmi Bank	Corporation Deed	1995-10-05	95-1613943	Financed	Arms Length Residential Transactions (Purchase/Resales)	DTCP

Fmr year	2023
Hud area code	METRO31080MM4480
Hud area name	Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
Median income	$61,616
Fmr efficiency	$1,550
Fmr one bedroom	$1,760
Fmr two bedroom	$2,240
Fmr four bedroom	$3,200
Fmr three bedroom	$2,910

Address · zip	90019
Address · city	Los Angeles
Address · fips	06037
Address · zip4	4234
Address · house	4551
Address · label	4551 W Pico Blvd, Los Angeles, CA 90019
Address · state	CA
Address · county	Los Angeles County
Address · street	Pico
Address · address	4551 W Pico Blvd
Address · street type	Blvd
Address · carrier route	C055
Address · jurisdiction	Los Angeles County
Address · pre direction	W
Address · congressional district	37
Stories	1
Deck area	0
Latitude	34.04891941480239
Pool area	0
Longitude	-118.33486365691465
Patio area	0
Year built	1,935
Rooms count	0
Units count	0
Property use	Gym, Health Spa
Basement type	NO BASEMENT
Construction	Tilt-Up (pre-cast concrete)
Lot square feet	8,588
Parking spaces	0
Buildings count	0
Property use code	296
Garage square feet	0
Living square feet	6,992
Partial bathrooms	0
Basement square feet	0
Building square feet	6,992
Price per square foot	1,001
Plumbing fixtures count	0
Basement square feet finished	0
Basement square feet unfinished	0

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	Interest rate type	Interest rate
1	$1,600,000	Commercial	Month	B	Wilshire Bank	Bank	6093883	Jin Chul Kim, Young Hee Kim	2016-07-07	COM	2016-07-11	16-0802260	Variable
2	$980,000	Commercial	Month	B	Saehan Bank	Bank	5059484	Jin Chul Kim, Young Hee Kim	2011-04-07	COM	2011-04-11	11-0523404	Variable	0
3	$1,050,000	Commercial	Month	B	Saehan Bank	Bank	4873848	Jin Chul Kim, Young Hee Kim	2006-01-27	COM	2006-01-31	06-0224856		0

Ids	154593180, 700015207335, 700013249088, 154593181, 154593182, 223566473
Total owned	6
Total value	$8,124,071
Total equity	$8,124,071
Purchased last6mos	0
Purchased last12mos	0

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