Treasurer and Tax Collector

Los Angeles County
Treasurer and Tax Collector
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General Information – 2015B Online Auction

 

The Los Angeles County Treasurer and Tax Collector sells properties located in Los Angeles County due to defaulted property taxes exceeding five years or more for residential or agricultural property and three years or more for non-residential commercial property and vacant land. The Online Auction is open to the public.

AUCTION INFORMATION

Date of Auction: August 8, 9, 10, and 11, 2015.
   
Start Time: 3:00 p.m. (Pacific Time) on August 8, and then running continuously until 12:00 p.m. (Pacific Time) on August 11.
   
Auction Site Web Address: bid4assets.com/losangeles
   
Contact Phone: 1-877-427-7387


REGISTRATION DEPOSIT REQUIREMENTS

  • A minimum Bid Deposit of $5,000 (plus a $35 non-refundable processing fee) is required in order to bid.
  • Bid Deposits must be in the form of a bank wire transfer, bank-issued money order, or cashier's check. Other types of money orders and personal or business checks are not acceptable.
  • Deposits must be payable to the Bid4Assets Inc. Escrow Account FBO Los Angeles County.
  • Mailed deposits must be sent to: 8757 Georgia Avenue, Suite 520 Silver Springs, MD 20910.
  • Bid4Assets must receive deposit payments no later than Tuesday, August 4, 2015, at 4:00 p.m.(Eastern Time). Please contact Bid4Assets directly for instructions and questions pertaining to Bid Deposits.
  • Bid4Assests will apply a bidder's deposit on as many parcels as a bidder wins until his or her deposit is exhausted.
  • The Treasurer and Tax Collector (TTC) will refund all overpayments (i.e. a bid deposit that is greater than the balance due at the end of the auction) within 30 calendar daysfrom the date of the close of auction. The TTC will issue the refund as a County Warrant in the name of the registered purchaser and mail it to the address provided in the purchaser's registration information.
  • Bid4Assets will refund non-winner deposits no later than ten business days from the date of the close of auction. Bid4Assets will issue the refund as a check in the name of the registered purchaser and mail it to the address provided in the purchaser's registration information.
  • See Terms and Conditions for complete list of requirements.
PROPERTY LIST LINK ADDITIONAL AUCTION INFORMATION

 
 
 
 
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