Los Angeles County Tax Sales: Properties up to 80% Off!

If you’re looking for the tax deed sale list for Los Angeles County, where you can find properties discounted by 50% to 80%, visit the county’s Treasurer and Tax Collector website. The starting bid for these tax deed properties are often a fraction of the property’s market value. Understanding the tax deed process and acquiring the proper knowledge can unlock incredible opportunities and secure your financial future.

In this comprehensive guide, we’ll explore the ins and outs of Los Angeles tax deed sales, from finding properties to securing discounted homes. We’ll also introduce you to Ted Thomas, a seasoned expert who has helped countless investors succeed in this exciting field. You’ll learn the strategies and techniques needed to make smart, profitable decisions with his guidance.

What You’ll Discover in this Los Angeles Tax Deed Sale Guide

  • Find Tax Deed Properties: Easily locate Los Angeles tax deed sales on the County Treasurer and Tax Collector’s website.
  • Register and Participate: Learn how to register on Bid4Assets, the online tax deed auction platform in Los Angeles.
  • Learn the Bidding Process: Watch a comprehensive video tutorial from Bid4Assets that walks you through bidding on tax deed properties.
  • The Ted Thomas Advantage: Learn about Ted Thomas, America’s foremost expert and educator regarding to tax lien certificates and tax deeds.
Table of Contents
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Understanding the Basics: What is a Tax Deed Sale?

If you’re familiar with tax deed sales, you can skip this section of the blog. For the uninitiated, however, here’s a quick explanation. A tax deed sale is an auction where the government sells tax-delinquent properties due to unpaid property taxes. The sale allows the county to recover lost tax revenue and will enable investors like you to purchase property, often at a lower price.

How Do Tax Deed Sales Work in Los Angeles?

Here’s a step-by-step breakdown of how a tax deed sale typically works in Los Angeles:

  1. Missed Payment: A homeowner fails to pay their property taxes.
  2. Notification and Deadline: The county notifies the property owner and sets a deadline to pay the overdue property taxes.
  3. Penalties and Fees Kick In: If full payment isn’t received within the deadline on the notice, the following penalties and fees will be applied:
    • 10% Penalty is added to the unpaid tax amount.
    • $20 Notice of Enforcement Cost is added to cover enforcement costs.
    • $29 Notice of Lien Collection Cost is imposed on starting the first day of the third month after the delinquency date.
    • 1.5% Monthly Penalty An additional penalty of 1.5% per month is added to the unpaid taxes until they are paid in full.
  4. Tax Lien: After a grace period, the county will place a tax lien on the property if the taxes remain unpaid. This lien prevents the owner from selling or refinancing the property.
  5. Foreclosure: If the homeowner continues to ignore their property tax bill, the county will have no choice but to foreclose on the property.
  6. Public Auction: The foreclosed property is offered at a public auction where the starting bid is typically the total amount of owed property taxes plus all the fees and penalties listed above. However, this starting bid is often only a fraction of the property’s actual market value, making it a potentially attractive investment opportunity.
  7. Bidding Process: Investors like you bid on the property, and the highest bidder wins the auction.
  8. Payment and Ownership: If you win, you must pay the full bid amount and any applicable fees. After payment, you’ll receive a tax deed, which signifies your property ownership.

How to Find the Tax Deed Sale Auction List of Los Angeles County

Finding the tax deed sale auction list in Los Angeles County is easier than you might think. Whether you’re new to tax deed investing or experienced, knowing where to look can save you time.

Here are two primary resources to guide you:

Los Angeles County Treasurer and Tax Collector Website

The Los Angeles County Treasurer and Tax Collector’s website is your one-stop shop for tax deed sales in LA. Here, you’ll find a wealth of information to get you started. Check out the “Schedule of Upcoming Auctions,” which lists upcoming tax deed sales dates and details. This website is a treasure trove of essential information, including guidance on participating in auctions, a helpful FAQ section that addresses common questions, and the terms and conditions of the auctions. You’ll also find lists of properties with specific conditions, such as IRS liens, which are essential to be aware of because they are not automatically removed after a tax deed sale (More on these types of liens later). 

Ted Thomas’ Interactive Magic Map: A Faster Way to Find Los Angeles Tax Deed Sales (and Beyond)

While the Los Angeles County website is packed with helpful information, there’s a much easier way to find the auction list for Los Angeles County – and that’s with Ted Thomas’ Interactive Magic Map

a map of the united states

This user-friendly tool does all the heavy lifting for you, allowing you to locate tax-defaulted auctions in all counties across every state effortlessly. This map clearly shows the date of each upcoming auction, the county where it will be held, and whether it’s a tax deed state or a tax lien state. You’ll also see whether the auction is available online or in person and the number of properties or parcels up for grabs. Click on your state on the map, find your county, and you’re all set!

Why Should You Invest in Tax Deeds in Los Angeles?

Since you already know how tax deed sales work, let’s dive into why you should consider investing in Los Angeles tax deed sales and why it can be such a smart move.

Large Market Size

Los Angeles County is the most populous county in the United States, boasting nearly twice the population of its nearest rival, Cook County, Illinois. This dense population translates into a bustling real estate market with a large inventory of properties, providing ample opportunities for investors to find tax deed properties.

High Property Values

Over the past eight years, the average home value in Los Angeles County has soared, marking an impressive increase of over 80%. While there was a slight dip around June 2023, the housing market quickly recovered and continues to appreciate. This upward trend shows a strong property market where investors can benefit from rising property values when they invest in tax-defaulted property auctions.

a graph on a white background

Source: Zillow home values for Los Angeles County

High Rental Yield

The graph shows that in the Los Angeles rental market, a significant portion of renters are spending upward of $2,000 monthly. High rental costs reflect the demand for housing and suggest that investors can secure a high rental yield from properties purchased through tax deed sales.

Source: 2022 American Community Survey 1-Year Estimates, U.S. Census Bureau

Preparing for the Tax Deed Sale: Due Diligence

Let’s recap. A tax deed sale is where tax-delinquent properties are sold, and they can be such a lucrative investment in Los Angeles. You can find the Los Angeles County tax deed sale list either via the Tax Collector Website or Ted Thomas’ Magic Interactive Map. Now, it’s time to roll up your sleeves and start your preparations. 

Before you consider bidding on a property, it’s critical to conduct thorough due diligence. This means researching the property thoroughly to check for any outstanding liens, understand its value, and review its condition and location. Proper due diligence helps you avoid unexpected complications and ensures your investment is sound.

Common Due Diligence Steps

  • Inspect the Property in Person: Examine the roof’s condition, check for any foundation problems, and verify that the plumbing and electrical systems are functional and up to standard.
  • Evaluate the Neighborhood: Look at the values of nearby properties, research local crime statistics, and assess the condition of community facilities like parks, schools, and transportation options.
  • Use Investment and Risk Assessment Tools: Employ real estate investment tools to evaluate deals and determine potential returns. For example, DealCheck is a highly regarded tool that offers valuable insights into the profitability of your investment.
  • Investigate for Other Liens: While tax deed sales clear mortgages from the property, some liens, such as public liens, may remain after the sale and should be identified.

According to the Los Angeles County Treasurer and Tax Collector, the following liens are not removed after a tax deed sale:

  • Property Assessed Clean Energy (PACE) Liens: Related to energy-efficient upgrades.
  • Weed Abatement Liens: For the costs of removing hazardous vegetation.
  • Federal IRS Liens: Federal tax liens remain and must be addressed directly with the IRS.

How to Register and Participate in the Los Angeles County Tax Deed Sales with Bid4Assets

Once you’ve completed your due diligence and identified promising properties, you can take the next step: register on Bid4Assets, the platform where Los Angeles County conducts its online tax deed sales.

To participate, you must first register on Bid4Assets and submit a deposit, typically a percentage of your planned bid amount. This demonstrates your seriousness as a bidder. Submit your deposit by the deadline outlined in the auction’s terms. After registration, you can browse available properties and place bids on the platform.

Click this link to register for Los Angeles County’s tax deed sale on Bid4Assets

Check out this helpful video from Bid4Assets for a clear, step-by-step walkthrough of the registration and bidding process:

YouTube video

Source: Bid4Assets, “B4A Basics: A Guide to Participating in Bid4Assets’ Online Tax Sales”

Before You Bid: Gain the Ted Thomas Edge in Tax Deed Sales

Before you jump into the exciting world of tax deed auctions, take a moment to gain a decisive advantage — the Ted Thomas advantage. Ted Thomas has spent over three decades mastering the art of tax deed investing, and he’s condensed his vast knowledge into one easy-to-digest course.

With Ted’s guidance, you’ll:

  • Master Due Diligence: This blog explains the standard due diligence steps. With Ted Thomas, you’ll learn how to thoroughly research properties to uncover hidden risks and ensure a wise investment.
  • Develop Winning Bidding Strategies: Discover the insider tips and techniques Ted learned over three decades of bidding to increase your chances of securing profitable properties.
  • Navigate the Post-Auction Process: Understand the critical steps after winning a bid, from securing title to maximizing your returns.
  • Explore Exit Strategies: Once you’ve secured the property title, Ted will show you what to do with the property to maximize your returns.

If you’d like to know more about tax-defaulted real estate investing, Ted Thomas provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, personal coaching with certified coaches, and an interactive map and auction calendar research tool that allows you to visit each county online to find the details about upcoming auctions.

Bonus Tip: The Best Tax Deed Sale Areas in Los Angeles County

Being a reader of the Ted Thomas blogs comes with benefits. This bonus section is for you, our dear reader, who reads our blogs thoroughly.

Several areas in Los Angeles County stand out for their tax deed sale opportunities. Due to their geographic and economic attributes, these areas consistently demonstrate value and attract investors.

1. Long Beach: Where the Ocean Meets Opportunity

Long Beach offers a diverse range of properties at tax deed sales. The city boasts a strong tourism sector and a bustling port, contributing to its stable real estate market. The Port of Long Beach is one of the busiest in the world, bringing significant economic activity to the area.

Key Points:

2. Pasadena: A Blend of History and Opportunity

Pasadena is known for its charming historic homes, vibrant cultural scene, and top-notch schools. This upscale city offers a mix of luxury residences and investment properties, making it a haven for discerning investors.

Key Points:

  • Cultural Significance: Home to the famous Rose Parade and Rose Bowl, Pasadena draws significant attention and investment.
  • Educational Excellence: Pasadena boasts some of the top-rated schools in California, increasing the demand for student housing.
  • Property Values: The median home price in Pasadena is around $1.1 million, reflecting the high demand and limited supply.

3. Inglewood: A City on the Rise

With the recent development of sports and entertainment complexes, Inglewood is becoming a hotspot for investment. The area is experiencing transformative growth, making tax deed properties highly appealing.

Key Points:

  • Significant Developments: The SoFi Stadium, home to the Los Angeles Rams and Chargers, and the upcoming Intuit Dome for the Los Angeles Clippers are substantial catalysts for growth.
  • Economic Impact: These developments are expected to attract over $5 billion in investments and create thousands of jobs.
  • Emerging SMEs: The influx of tourists, residents, and sports fans will create a fertile ground for new small and medium-sized enterprises (SMEs). These businesses will cater to the growing demand for goods and services, further boosting the local economy and contributing to Inglewood’s revitalization.
  • Rising Property Values: The average home value in Inglewood is currently $768,990, up 4.8% over the past year, reflecting significant appreciation due to ongoing developments.

Frequently Asked Questions

The list of properties with delinquent taxes in Los Angeles County is available through the Treasurer and Tax Collector’s website, updated regularly to reflect upcoming tax deed sales.

In California tax deed sales, you must first research available properties, register for the auction, submit a winning bid, and then complete the sale process, which includes payment and transfer of the deed. The method may vary from county to county so make sure to visit your local county website.

If property taxes are not paid in Los Angeles County, the property may be subject to a tax lien and then foreclosure. Failing to settle your property tax bill for a long time can eventually lead to the loss of the property as it is auctioned off to recover the unpaid taxes.

Los Angeles County hosts tax deed auctions, meaning that participants have a chance to bid on properties with delinquent taxes.

Though the frequency may vary, L.A. County generally holds at least one or two tax sales per year. They may choose to do more, depending on the number of available properties.

Yes, anyone can participate in these public auctions. They are open to all interested bidders, whether they have a lot of money or a little.

You can find out about upcoming tax sales by visiting the L.A. County website and checking local newspapers. Auction announcements will typically be published in newspapers specific to the area in which the auction is held. Alternatively, you can subscribe to Ted Thomas’ Interactive Magic Map for an easier way to find and track tax deed sales.

You can find various types of properties in these auctions, including residential lots, rural land, cropland, grazing land, and commercial properties. Single-family homes, residential vacant lots, and rural properties are especially common.

L.A. County typically requires payment in the form of a bank draft or cashier’s check. Credit card payments and personal checks are usually not accepted.

When purchasing a property at an L.A. County tax sale, be prepared to pay transfer taxes associated with transferring the property to your name.

The time frame for receiving the deed may vary. It’s best to consult with the county’s tax sale department for more information on property deed transfers.

Once you’ve purchased a property at a tax sale, you’ll have to consult with the county regarding any outstanding debts or liens, such as mortgages.

Conclusion

Los Angeles County tax deed sales present a remarkable opportunity for both seasoned and aspiring real estate investors. By acquiring properties at a fraction of their market value, you can unlock significant returns and build a solid financial foundation.

Remember, knowledge is power in the world of tax deed investing. Thorough due diligence, strategic bidding, and expert guidance are essential for maximizing your chances of success. With the information in this guide—from finding tax deed properties to mastering the bidding process—you’re on your way to achieving your real estate goals.

Ready to Gain the Ted Thomas Edge and Buy Properties at 80% Discount?

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Ted Thomas

Ted Thomas is America’s Leading Authority on Tax Lien Certificates and Tax Deed Auctions, as well as a publisher and author of more than 30 books. His guidebooks on Real Estate have sold in four corners of the world. He has been teaching people just like you for over 30 years how to buy houses in good neighborhoods for pennies on the dollar. He teaches how to create wealth with minimum risk and easy-to-learn methods.

The Ted Thomas Difference:

  • Ted is recognized as America’s Tax Lien Certificate & Tax Deed Authority and has been helping people with investing in tax defaulted properties for over 30 years.
  • Ted has built a team of certified coaches that have 70 combined years of auction experience and are available to his students by phone to guide and mentor you to avoid getting overwhelmed or worse, losing money
  • Ted has ironclad PROOF that what he is teaching you does work. With hundreds of successful students providing testimonials and a 4.9 Google rating which is unheard of in this industry.
  • Ted and his staff don’t hide behind a website; they can be reached during office hours at 321-449-9940.
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