Orange County Distressed Income Properties: Bank Owned Foreclosures & Short Sales

Distressed income property in Orange County can often represent tremendous value as bank owned foreclosure and short sale income properties are commonly priced below market to spur demand. Since, bank owned foreclosures and short sales can be complex transactions, we strongly recommend experienced representation by Real Estate agents who know the in and outs of these types of sales.

Distressed Income Properties for Sale

All Listings Under $500,000 $500,000 - $700,000
$700,000 - $900,000 $900,000 - $1,000,000 $1,000,000 - $1,500,000
$1,500,000 - $2,000,000 $2,000,000 - $2,500,000 $2,500,000 - $3,000,000
$3,000,000 - $4,000,000 $4,000,000 - $5,000,000 $5,000,000 - $7,500,000
Over $10,000,000
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$12,499,000
 

2037 S Coast, Laguna Beach

10.2k SqFt
2037 South Coast Highway is a 16-unit mixed-use investment opportunity located in Laguna Beach, California. Built in 1969 this well-maintained property features 14 multifamily units and two retail suites on an 8,500 square foot lot. The property offers exceptional ocean views, a spacious courtyard, controlled access, reserved garage parking and more.
Reduced
$7,498,000
 

150 Cress Street, Laguna Beach

3,415 SqFt
Lifetime opportunity!! This spectacular, trophy property offers three (3) world class beach villas with at least six (6) parking (very rare) nestled on a prime beachfront location in World Famous Laguna Beach. Appointed to the nines, this luxury property offers the very best in form, function and location. The three beach villas boast single level floorplans enhanced with the finest designer finishes. Spectacular outdoor spaces include 4 fire
$6,650,000
 

203 S Ohio Street, Anaheim

20.2k SqFt
• Pride of Ownership • All Two Bedroom Units • Built in 1985 • Walking Distance to Downtown Anaheim • Excellent Rental Location • Substantial Rental Upside
$5,999,000
 

1701 W Balboa Boulevard, Newport Beach

7,552 SqFt
RARE, DOUBLE LOT with 10 units and only 25 yards away from the sand on Balboa Peninsula. Unit mix consists of the following: one 4 bed 2 bath (has ocean views), one 2 bed 1 baths, three 1 bed 1 baths, 5 studios, and there are 10 separate garages. Professional Property Management company is handling the property with total rents are approximately $19,100 per month, this could be enhanced if new owner decides to turn property into weekly
$5,275,000
 

2110 2112 W Oceanfront, Newport Beach

4,800 SqFt
SPECTACULAR LOCATION AND STUNNING OCEAN VIEWS FROM THIS ONE OF A KIND PROPERTY ON THE BALBOA PENINSULA. A VERY RARE OPPORTUNITY TO OWN ONE OF THE MOST SOUGHT AFTER LOCATIONS IN NEWPORT BEACH AND Southern California BEACH AREA. THIS PROPERTY CONSISTS OF TWO RETAIL STORES (DOWNSTAIRS) & TWO CONDOS (UPSTAIRS) - ONE CONDO WITH FULL ON UNOBSTRUCTED OCEAN VIEWS, PATIO AND LAUNDRY AREA, PARKING FOR 3 CARS AND LARGE STORAGE AREA. PRIVATE STAIRCASE
Reduced
$5,229,000
 

6700 W Oceanfront, Newport Beach

2,874 SqFt
This wonderful beachfront duplex is located on a highly desirable, sun-lit corner lot near one of the most popular surf breaks in Newport Beach! There are so many possibilities for use; such as living in one unit and renting the other (short-term rentals are allowable!), renting the entire duplex as an investment, or possibly converting to a single family residence. Currently this two unit property has been used as a vacation home and is also a
$5,175,000
 

829 S Townsend Street, Santa Ana

20.2k SqFt
829 South Townsend Street is a 23-unit multifamily investment property located in the city of Santa Ana, California. Situated on a spacious 0.70-acre lot, the property consists of 23, two-bedroom units and offers a total of 20,244 net rentable square feet. The property offers amenities including a spacious courtyard, security doors, garage parking and two on-site laundry facilities.
$4,950,000
 

2324 Pacific Drive, Corona Del Mar

3,256 SqFt
At almost two full lots, this is the largest Ocean view R2 property available in the Village of CdM. And it is enviably located on the Village's most desirable street, Pacific Drive. Build your dream home or two condos totaling over 6000 SF plus garages. This property falls within the already approved Underground Assessment District 117 where all of the power poles and wires will be buried in 2017. The current residence built in 1946 has
$4,500,000
 

1530 N Coast, Laguna Beach

4,400 SqFt
North Coast Apartments is a mixed multifamily and retail property located at 1530 North Coast Highway in Laguna Beach, California. Built in 1962, the property consists of five* dwelling units and one retail suite on a 4,200 square foot lot. The property includes four covered parking spaces, an on-site laundry facility, and spacious patios with stunning panoramic ocean views (some units). *One unit is split into two units.
New
$4,399,000
 

2214 W Oceanfront, Newport Beach

3,855 SqFt
Situated directly in front of Blackies beach with views of the Newport Beach pier, crashing waves, and Catalina Island, this mixed-use (MU-W2) oceanfront duplex with 5 total parking spaces poses great potential and opportunity for immediate income for one lucky buyer! Thoughtfully designed, each unit enjoys a spacious deck or patio from which to enjoy sunset views or check the surf. The bottom unit boasts a great room concept floor plan in which
$4,200,000
 

906 E Oceanfront, Newport Beach

3,255 SqFt
Beautifully remodeled oceanfront triplex! White water, Ocean, Catalina Island views, spectacular sunset views. This property consists of three units with a total of 8 bedrooms and 5 baths, of 3200 total square feet on an oversized lot on the beach. Each unit shows like a dream with an open layout, neutral color palate and dedicated outdoor spaces with direct beach and ocean views, and mere steps from the beach. Amazing indoor/outdoor flow with
$4,140,000
 

1577 E Benmore Lane, Anaheim

16.9k SqFt
Shelter Cove is a 22-unit multi-family investment in the City of Anaheim. It is comprised entire of large one-bedroom/one-bathroom units. Each apartment comes with gas wall heating, wall air conditioning, a spacious kitchen, cable TV prewiring, a balcony or patio, an individual hot water heater, and a private enclosed garage. The property has been owned and operated by the same group for over 30 years with great care and consistent attention
$4,000,000
 

1410 French Street, Santa Ana

10.2k SqFt
1410 French Street is a 20-unit apartment community located in the city of Santa Ana, California. Situated on a 0.34-acre lot, the property consists of 16 studio units and 4 one-bedroom units.
$3,495,000
 

107 Highland Street, Newport Beach

3,000 SqFt
Just steps to the sand, discover this rare opportunity to own a single family home with an attached guest house and mother-in-law suite. Sitting on a large corner lot, 107 Highland spans over 3,000 sq ft. and features a spacious main house with an attached three bedroom guest house. The main house features 3 bedrooms, 3 bathrooms with an office, a second floor ocean view kitchen, dining and living room, and a private third floor master suite.
New
$3,490,000
 

108 Grant Street, Newport Beach

2,500 SqFt
Beautiful Cape Cod Newport Beach home only steps from the Beach. Classic coastal interior and finishes throughout this turn key beach house. With over 2,500 sq ft of living space it has been completely remodeled from top to bottom. Nautical custom wood finishings featuring bead board, tongue and groove and shiplap. This home is a great full time residence or a lock-and-leave getaway. Zoned as R2 (multi-family dwelling), this home has been opened
$3,490,000
 

108 Grant Street, Newport Beach

2,557 SqFt
This beautiful Cape Cod Beach Property, one block from the beach is truly unique. It is a legal duplex, address is 108 and 108.5, Zoned as R2 (multi-family dwelling), this home could be opened up to be one living space with 5 bedrooms and 4 bathrooms. With over 2,500 sq ft of living space, it has been completely remodeled from top to bottom. Perfect for entertaining with 2 kitchens, one upstairs and one downstairs, and 3 separate living areas.
$3,300,000
 

1544 Miramar Drive, Newport Beach

5,410 SqFt
Miramar Apartments is a 4+1* unit apartment property located in Newport Beach, California. Built in 1951, the property consists of two, one-bedroom units, two, two-bedroom units, and one, non-conforming two-bedroom unit. The property also includes a single garage, a double garage, and three covered spaces behind the garages. *One, two-bedroom unit is non-conforming.
$3,299,900
 

914 E Oceanfront, Newport Beach

2,020 SqFt
OPPORTUNITY AWAITS! Just Reduced $200k - Great investment opportunity....Prime Beach Front location just steps south of the Balboa Pier on the Balboa Peninsula. Situated along the boardwalk and the "Peninsula Beachfront Park"! This is 3 unit / Triplex property is configured as a upper story- 2 bed, 2 bath unit, a ground level 1 bed, 1 bath unit and a rear ground level studio with a bath, separate kitchen and large walk in closet and
$3,200,000
 

1248 W Balboa Boulevard, Newport Beach

3,400 SqFt
Prime investment income property situated on a rare double-sized corner location in the heart of Balboa Peninsula. Eight units - six ground level 1 bedroom, 1 bathroom - beach bungalow style units divided by a charming common courtyard. Upstairs there is a spacious 1 bedroom, 1 bathroom unit with ocean and bay views along with a studio apartment. Six carports in the rear alley along with extra storage. Conveniently located one block from the
$3,145,000
 

2806 Lafayette Avenue, Newport Beach

2,300 SqFt
Impressive live/work bay front property with expansive water views throughout and a private boat dock to accommodate up to a 55 foot boat in Newport Beach's Cannery Village. The second floor residential unit, ground level commercial unit, and dock each have private entrances and can be leased separately. High ceilings, skylights and three outdoor patios provide an amazing indoor/outdoor living experience. A commercial office with full bath
New
$3,055,000
 

7201 Seashore Drive, Newport Beach

2,326 SqFt
Located on a highly desirable corner lot, just one house from the sand with amazing ocean views. This remodeled duplex, currently offers 3 bedrooms, 2 baths upstairs, and 2 bedrooms, 2 baths downstairs. It can easily be converted to a 6 bedroom, 4 bath single family residence. It features a gourmet kitchen with top of the line stainless appliances and slab granite counters, a spacious master suite with walk-in closet, hardwood flooring and stone
$2,998,888
 

116 118 Olive Street, Anaheim

5,952 SqFt
SVN Vanguard is pleased to present The Cottages at Olive. This beautiful multifamily residential community is located in the Anaheim Colony Historic District. It consists of six bungalow-style duplex buildings with tree-lined central courtyard. Each duplex consists of 2 one bedroom, one bathroom units. Built in 1922, the property offers vintage charm and thoughtful modern amenities that include 10 individual single car garages, laundry
New
$2,995,000
 

811 E Chapman Avenue, Orange

5,267 SqFt
OVER A HALF ACRE ON THE CORNER OF CHAPMAN AND PINE IN OLD TOWNE ORANGE! ON THE CORNER (811) SITS A 2 STORY 1922 SPANISH COLONIAL REVIVAL FEATURING 4 BEDROOMS AND 2.5 BATHS, A LARGE LIVING ROOM WITH LOTS OF WINDOWS AND A FIREPLACE, A FORMAL DINING ROOM, LARGE KITCHEN ACCENTED IN GRANITE AND A BASEMENT. UPSTAIRS A HUGE MASTER W/BATH 2 MORE BEDROOMS AND A FULL BATH. A 2 CAR GARAGE PLUS A 360 SQ.FT DETACHED BONUS ROOM. A 1935 DUPLEX (813-815)
$2,995,000
 

166 Fairview Street, Laguna Beach

3,396 SqFt
White Water and Coastline Views from this desirable North Laguna Beach property! Special features include 2 property units with fantastic ocean views, large viewing decks, 2 car garage with storage, and carport space for multiple cars. The larger, lower unit features cook's kitchen, outdoor deck, great room, two bedrooms, two baths, laminate wood flooring, vaulted wood beam ceilings, a large wood burning fireplace, and an additional bedroom and

If you would like further information or assistance regarding distressed income properties that are short sales or bank owned foreclosures please contact us.

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Based on information from California Regional Multiple Listing Service, Inc. as of July 25th, 2017 at 11:35pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.