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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 $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 $7,500,000 - $10,000,000
Over $10,000,000
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$605,000
 

1800 Gramercy # 6, Anaheim

3 Beds,
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Great opportunity to acquire an End Unit in Gramercy Park, where units rarely become available. Unit 6 is 3 Bedrooms, 2 1/2 baths and 1,192 sf of living space. The first level consists of a large living room, eating area/fireplace, and a walkthrough kitchen to a half bath and separate laundry room. A sliding glass door leads to a fenced outdoor patio area. Upstairs, you will find Master Bed & Bath, Two additional bedrooms and a .75 hall
Joshua Tate Majestic Land, Homes Investmen
$699,000
 

326 Susan Street, Santa Ana

2 Beds, 1 Bath,
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Lowest priced six percent cap duplex in Orange County.. Discover the epitome of modern duplex living in this recently renovated property located at 402 N Susan. Comprising two meticulously upgraded 2-bedroom, 1-bath units, this investment opportunity boasts a plethora of interior features, including new electrical and updated contemporary kitchens with new appliances, stylish bathrooms, and the added convenience of recessed lighting. Owners will
Willie Soto THE REAL ESTATE STORE, INC.
Reduced
$699,000
 

402 Susan Street, Santa Ana

4 Beds, 2 Baths,
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Lowest priced six percent cap duplex in Orange County. Discover the epitome of modern duplex living in this recently renovated property located at 402 N Susan. Comprising two meticulously upgraded 2-bedroom, 1-bath units, this investment opportunity boasts a plethora of interior features, including new electrical and updated, contemporary kitchens with new appliances, stylish bathrooms, and the added convenience of recessed lighting. Owners will
Willie Soto THE REAL ESTATE STORE, INC.
Reduced
$750,000
 

801 Anaheim Boulevard # 105, Anaheim

3 Beds, 4 Baths,
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2015 built newer investment property with low maintenance and high return rate. Start collecting rent as soon as escrow is closed by taking over excellent existing tenant (lease expires on 12/31/24). Current rental income is $3700/month. Low HOA; only $255/month. Low tax rate and no Mello Roos. Rare live/work dual purpose townhome in the heart of Anaheim! Prime retail store at the busy intersection of Anaheim Blvd and South Street. 1st
Caroline Chai Abraiday Inc.
$800,000
 

1015 Van Ness Avenue, Santa Ana

3 Beds, 3 Baths,
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Now selling one duplex centrally located in the cultural center of Santa Ana and the heart of Orange County. The front unit is two bedrooms and two baths while the rear unit is one bedroom one bath, perfect for renting out or for additional privacy in a growing family.Make use of the 9000+ sqft lot size featuring a luscious green front yard and a spacious back yard and parking space. Enjoy a short 5-minute drive to the iconic 4th Street
Rodolfo Salinas Aguilar Realty
$849,900
 

2402 Pomona Street, Santa Ana

3 Beds, 2 Baths,
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Two Separate Houses On One Lot. 2402 W. Pomona (1BR/1BA+Den) And 1614 S. Greenville (2BR/1BA). Each Has Own Entrance With Garage. Greenville House Also Has A Large Car Port. Opportunity To Live In One And Rent The Other.
Sean Dezahd Keller Williams Legacy
$875,000
 

1108 5th Street, Santa Ana

4 Beds, 2 Baths,
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Looking for an amazing opportunity to own a beautiful, historic Victorian home with income potential in the Flower Park neighborhood? This Shelton-Garnsey home was built in 1878 and has been modernized throughout while still keeping much of its original detailing and craftsmanship intact. The property features two bedrooms, one bathroom, a kitchen, a living area, and a dining area on one level, as well as two bedrooms, one bathroom, and a small
Elizabeth Do Keller Williams Realty
New
$898,000
 

110 Harding Avenue, Anaheim

2 Beds, 1 Bath,
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One of a kind duplex in Anaheim! Live in one and rent out the other to help out with mortgage. Owner has maintained the property very well with long term tenants that always pay on time. Property located near shopping center, schools, restaurants and freeway. This definitely is a multi unit property that you don't want to miss.
Lily Le 999 Investments, Inc
$950,000
 

121 18th Street, Santa Ana

5 Beds, 3 Baths,
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Welcome to your dream investment opportunity in the heart of Santa Ana! This property boasts not one, but two charming dwellings on a single expansive lot. The front house, provides an ideal living space for families or those who appreciate room to spread out. The rear house, a cozy retreat with 1 bedroom and 1 bath, offers a more intimate setting, perfect for guests, extended family, or as a potential income-generating unit. Adding to the
Marcos Vargas Seven Gables Real Estate
$980,000
 

2502 Pomona Street, Santa Ana

3 Beds, 2 Baths,
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Contemporary Modern Duplex, tastefully rejuvenated from the curb appeal throughout the one level single family residence. The separate unit is situated above the garage. The front house offers a 2 bedroom and 1 3/4 bath that has access from the primary room and the laundry area. It has been remodeled with so many tasteful upgrades cooper piping, new windows, new flooring, each with brand new central a/c units and fixtures. The front house
Sylvia Ramos COLDWELL BANKER DYNASTY/TC
$988,888
 

117 Daisy Avenue, Santa Ana

5 Beds, 3 Baths,
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"Prime Location! Rare Opportunity: Two Homes on One Lot!" Welcome to this incredible property located in a prime location with a huge corner lot in the city of Santa Ana! This unique offering features not just one, but two homes on a single lot. Making it a perfect opportunity for investors or new homeowners looking for rental income potential. The main home boasts a beautiful kitchen with granite top counters, three bedrooms, two
Catherine Depew REMAX Proper
$995,000
 

1121 Anaheim Boulevard, Anaheim

4 Beds, 2 Baths,
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Great opportunity to own a Duplex in the City of Anaheim. Recently remodeled with new tile flooring, fresh interior & exterior paint, double pane windows, plumbing, and electrical. Each unit consist of 2 bedrooms & 1 bathroom, approximately 2,000 sqft., 5,212 lot size with open rear parking and indoor laundry room. Excellent location for developers, contractors and possibly business owners interested in live/work space for a
Michael Douglas Coldwell Banker Realty
$999,000
 

531 Sycamore Street, Santa Ana

6 Beds,
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Great investment opportunity for family or investor 2 units (multi family) in heart of downtown santa ana. This beautiful Duplex will Go Quick!!! One of a kind Unit # 531 is very spacious high ceilings 3 bedroom 2 bath, unit 533 is a 2 bedroom 1 bathroom each home is equipped with its own electrical and gas connection which makes this the perfect investment opportunity. Live in one and Rent the other home very safe area walking distance from
Macda Gabrakirstos Realty States.com
$999,000
 

1539 West Stanford Street, Santa Ana

5 Beds, 3 Baths,
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Ideal Duplex investment opportunity with 5% Cap rate, no need to worry about under market rents since you get to pick your own tenants, or purchase as a shared home with private units for extended family. Superbly located on a tree lined street in the Shadow Run area of Santa Ana boasting a large flat usable lot, within walking distance of shopping, dining, local parks, and schools, the well maintained freshly painted exterior and green grassy
Jordan Bennett Regency Real Estate Brokers
$1,175,000
 

14311 Green Valley Drive, Tustin

2 Beds, 2 Baths,
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Professional Photography (Interior/Exterior) will be added soon. Very rare investment opportunity located on a quiet cul-de-sac in the heart of Tustin. Each unit in this duplex features 2 bedrooms, 2 full bathrooms, 1 car garage, laundry, nearly 1,000 sqft of living space, and outdoor patio space. Both sides were recently remodeled by the long time owner. These units have been very well cared for throughout the years, and rents are well under
Dan Mancini Coldwell Banker Realty
$1,196,998
 

4626 West 5th. Street, Santa Ana

4 Beds, 3 Baths,
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WELCOME TO 4626 WEST 5TH. STREET, A STUNNING RESIDENCE INCOME LOCATED IN THE VIBRANT CITY OF SANTA ANA, ORANGE COUNTY. THIS BEAUTIFULLY 2 UNIT HOME OFFERS A PERFECT FOR THE FIRST BUYER AND THE INVESTOR. FOR THE FIRST BUYER, IS AN IDIEA TO LIVE IN ONE AND RENT THE OTHER TO HELP OUT THE EXPENSE. IT IS A VERY HUGE OPPORTUNITY FOR THE INVESTOR TO USE THIS 10024 SQFT. LAND FOR ALL THEIR DEVELOP INTEREST. UPON ARRIVAL, YOU'LL GREETED BY A CHARMING
Aaron Chang C-21 Astro
$1,200,000
 

1821 Evergreen Street, Santa Ana

6 Beds, 3 Baths,
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Gorgeous and well-kept triplex in the heart of Santa Ana. Property features 3 units, each with 2 bedrooms, 1 bath, and 1 separate detached garage. Steady income investment income with current long-term occupancy in all units, and rents are paid on time. Each unit is equipped with granite countertop kitchen, dual pane windows. Water heater, and a sprinkler system outside. The property is central to the 55 and 405 freeways, South Coast
John Tran NextGen Team Realty
$1,200,000
 

101 Birch Street, Santa Ana

8 Beds, 4 Baths,
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Welcome to this well maintained multifamily residence. This humble and charming abode offers a total of 8 bedrooms and 4 bathrooms spread across 3 units. With a total of 4 parking spaces. Enjoy the convenience of being close to public schools, perfect for families seeking educational opportunities for their children. Surrounding the property are an array of restaurants within walking distance, providing easy access to dining options for
Mindy Luong HPT Realty
$1,225,000
 

406 Myrtle Street, Santa Ana

4 Beds, 2 Baths,
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Position yourself at the center of the cultural heart of Orange County with this multi-family duplex in Santa Ana, California. For sale, is the entirety of this property, which features the duplex at the front of the lot, ample paved parking space, a garage-converted guest house, and a private backyard. The duplex is the front structure which is divided into two units with separate entrances, each featuring two bedrooms and one bath for a
Rodolfo Salinas Aguilar Realty
$1,250,000
 

2171 Pomona Avenue, Costa Mesa

4 Beds, 2 Baths,
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Rare opportunity to acquire a one of two separately parceled duplexes on large lots in Westside Costa Mesa. The property is fully-occupied with long-term, month-to-month tenant at below market rents. Both units are two bedroom / one bathroom, and an additional bonus room. It is well located: walking distance to shopping and dining along Harbor Boulevard, many businesses along Placentia Avenue, as well as Wilson, Pomona, and Rea Elementary
Teri Armstrong-hardke Coldwell Banker Realty
$1,250,000
 

2177 Pomona Avenue, Costa Mesa

4 Beds, 2 Baths,
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Rare opportunity to acquire a one of two separately parceled duplexes on large lots in Westside Costa Mesa. The property is fully-occupied with long-term, month-to-month tenant at below market rents. Both units are two bedroom / one bathroom. It is well located: walking distance to shopping and dining along Harbor Boulevard, many businesses along Placentia Avenue, as well as Wilson, Pomona, and Rea Elementary Schools and Estancia High School.
Teri Armstrong-hardke Coldwell Banker Realty
$1,300,000
 

2131 1/2 Broden Street # 3, Anaheim

6 Beds, 6 Baths,
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Rare 3 units property, all 2 bedrooms, 1 3/4 bathrooms, 2 car garage each unit, fireplace, in Anaheim, near Disneyland. All units are single level, and feature large living room with attached kitchen as open space, Each unit has a patio, and 2 car garage. The property is part of Holiday Harbor HOA. Association dues covers water, trash, pool, and common area maintenance. All units are facing the pool. All units are first house in front of the
Moshe Stoler Forward Real Estate
$1,300,000
 

7851 Cypress Drive # A&b, Huntington Beach

4 Beds, 2 Baths,
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Duplex in approved Opportunity Zone. Built in 1971 with permits on record with city of Huntington Beach. Both units are single level with 2 bedrooms and one full bath. Units have separately metered utilities, updated dual pane windows, and central heat and air conditioning. Front unit 'A' updated in 2013. Back unit 'B' updated in 2021. Unit A has spacious living room with ceiling fan and tile flooring. Galley style kitchen with lots of
Barbara Adams First Team Real Estate
$1,300,000
 

705 Walnut Avenue, Orange

4 Beds, 2 Baths,
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Welcome to 705 E. Walnut Avenue, a Single Level Duplex Located Just Blocks from Chapman University and Old Town Orange. Each Unit is Two Bedroom/One Bathroom and approximately 944 Square Feet. Conveniently Located Indoor Laundry for Each Unit. Each Unit Has a Large Yard Showcasing Water Saving Landscaping and Automatic Sprinkler System. One Detached Three Car Garage Along With Three Additional Driveway Parking Spaces. Each Unit Has Separate
Jon Lee Camelot West Residential

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