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THE GEOGRAPHY OF THE RECOVERY
The San Fernando Valley is a broad flat basin north of the Santa Monica Mountains, incorporated into the City of Los Angeles and containing numerous distinct communities—Encino, Van Nuys, Reseda, Chatsworth, Tarzana, and others—that have their own identities while being administratively part of the same city. It is, in practical terms, a suburban environment within the official boundaries of Los Angeles, characterized by single-family homes, small businesses, strip malls, and the infrastructure of mid-twentieth-century Southern California development.
Storage facilities are common throughout the valley, as they are throughout suburban Southern California more broadly. The economics of storage—relatively cheap land in some areas, dense population needing to store belongings during moves or between residences, the accumulation of possessions that don’t fit in apartments and houses—have made self-storage a significant industry throughout the region.
American Auctioneers, the Riverside, California company through which the storage locker’s contents were auctioned, represents a specific corner of this industry: the companies that manage the legal process of auctioning abandoned units. When a renter defaults on their storage agreement and the statutory waiting period has passed, the storage facility can contract with an auction company to sell the contents. Buyers at these auctions pay a fee to participate and bid on units without being able to fully inspect the contents—they may look in from the doorway but typically cannot enter and go through boxes before bidding. This limitation is why some buyers acquire unexpected treasures and others acquire worthless junk.
