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 $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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$1,698,000
 

1102 French Street, Santa Ana

8 Beds, 6 Baths,
A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,400 per month and Performa of $12,900. Good unit mix. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front main unit also come with its own laundry room inside the unit a basement and a private back yard. Separate Electric meter in 3 of the units.
Doron Refael Doron Refael, Broker
New
$1,748,000
 

1104 French Street, Santa Ana

6 Beds, 5 Baths,
A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,950 per month. This property offers a single family home in the front and a 3 units apartment building in the back. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front main house also come with its own laundry room inside the unit a small California
Doron Refael Doron Refael, Broker
New
$1,050,000
 

9272 Picadilly Way, Anaheim

4 Beds, 2 Baths,
Wonderful Opportunity for Investors, These 2 units are in big lot size close to the 5 Freeway, shopping areas, close the Park and School. Both units are in average-good condition. Tenants have been staying here for a long time.
Mike Nguyen MVN Real Estate
New
$2,100,000
 

26571 Via Sacramento, Dana Point

5 Beds, 4 Baths,
CAPISTRANO BEACH DUPLEX - IDEAL FOR MULTI-GENERATIONAL LIVING OR RENTAL INVESTMENT - This exceptional Capistrano Beach duplex offers a prime opportunity for those seeking versatile living arrangements or lucrative rental investments. This property epitomizes the best of Orange County living with its convenient access to world-class beaches, renowned resorts, and vibrant coastal communities. FRONT UNIT HIGHLIGHTS: This two-story residence
Amy Balsz First Team Real Estate
New
$1,895,000
 

1913 Alabama Street, Huntington Beach

6 Beds, 6 Baths,
We are pleased to present the sale of 1913 Alabama Street, a 3 unit multifamily property located in Huntington Beach, California. The property offers a favorable mix of units featuring (1) 3 bedroom / 2.5 bathroom unit, (1) 2 bedroom / 2 bathroom unit, and (1) 1 bedroom / 1 bathroom unit. Each unit is separately metered for gas and electricity and offers either private yard space or balcony for tenants to enjoy. All units are well maintained
Timothy Carr Pacific Sotheby's Int'l Realty
New
$2,000,000
 

216 Monte Vista Avenue, Costa Mesa

3 Beds, 4 Baths,
Discover endless possibilities with this Eastside Costa Mesa gem! Featuring two charming Craftsman-style homes on one lot, this property offers versatility and opportunity galore. The front house, built in 2006, boasts a dual master 2 bed, 2.5 bath layout with designer touches throughout. Granite counters, stainless appliances, and beautiful stone flooring create a light and bright atmosphere that's truly a must-see. With an open floor plan and
Branden Fella Coldwell Banker Realty
New
$4,450,000
 

1012 & 1018 Mission Drive, Costa Mesa

16 Beds, 16 Baths,
Welcome to 1012 & 1018 Mission Drive in the Mesa Del Mar enclave of Costa Mesa. These adjacent four-unit apartment buildings showcase an array of 2-bedroom/1.5-bathroom townhouse-style units, each accompanied by its own private yard. With an average unit size of approximately 1,175 square feet, these residences epitomize comfortable living. The property boasts a substantial community courtyard nestled between the two buildings.
Nick Gould Gould Group Inc
New
$2,499,000
 

338 Kelly Avenue, Orange

9 Beds, 7 Baths,
BE SURE TO SEE SUPPLEMENT ATTACHED TO THIS LISTING FOR FINANCIAL ANALYSIS AND LIST OF REMODEL IMPROVEMENTS!!! This OUTSTANDING 4-PLEX INVESTMENT in a GREAT LOCATION IN THE CITY OF ORANGE HAS IT ALL ---- SUPERB CONDITION!!! - GREAT INCOME AT $139,200 per yr.!!! - EXCEPTIONAL PROPERTY MANAGEMENT!!! "METICULOUSLY REMODELED" and "EXPERTLY MANAGED" over the last 6 years by one of Orange County's most discerning apartment
Bob Walz New Dimension Investment Prop
New
$3,490,000
 

510 Iris Avenue, Corona del Mar

6 Beds, 4 Baths,
Professionally designed and remodeled duplex located in Corona del Mar. Each unit is 1,600 sq.ft with 3 beds, 2 baths, family room, dining area and kitchen. The two car garage is shared by the upper and lower units and can be accessed from each unit off the back patio. Upgrades include new flooring throughout, upgraded kitchen cabinets and countertops, appliances and recessed LED lighting. The kitchen is open to the dining area and living room.
Shevy Akason Keller Williams Realty N. Tustin
New
$3,490,000
 

512 Iris Avenue, Corona del Mar

6 Beds, 4 Baths,
Professionally designed and remodeled duplex located in Corona del Mar. Each unit is 1,600 sq.ft with 3 beds, 2 baths, family room, dining area and kitchen. The two car garage is shared by the upper and lower units and can be accessed from each unit off the back patio. Upgrades include new flooring throughout, upgraded kitchen cabinets and countertops, appliances and recessed LED lighting. The kitchen is open to the dining area and living room.
Shevy Akason Keller Williams Realty N. Tustin
New
$3,720,000
 

2109 2113 Westport Drive, Anaheim

3 Beds, 2 Baths,
The Westporter Apartments is a garden-style two-story walk-up complex in the highly sought-after city of Anaheim. Spanning two contiguous 7-unit parcels and covering nearly half an acre, the Westporter Apartments is nicely landscaped with front yards and manicured lawns. The complex is comprised of one- and two-bedroom units, with the one-bedroom units exceed approximately 600 square feet. The ground-level two-bedroom units, conveniently
Mark Bridge Mark Bridge, Broker
New
$1,765,000
 

234 Knott Avenue, Anaheim

9 Beds, 8 Baths,
Great rental areas, 4 units in total. 3 of the units are 2br 2bath, the 4th is 3br 2bath. 4 enclosed garages are included, Sale "as is". Tenants pay trash, electrical and gas except for the laundry room. Seller will cooperate with buyer's 1031 tax deferred exchange if any applies. NOTE: Seller does not intend a 1031 tax deferred exchange
Nick Hoffman Western International
New
$1,589,000
 

715 California, Huntington Beach

4 Beds, 2 Baths,
Prime duplex in the heart of downtown Huntington Beach.This property consists of (2)- 2 bedroom 1 bath units each with a 1 car garage. Each unit is 800 sqft.The wider than normal lot is 36 feet wide by 125 feet and has potential for enlarging, or Putting an ADU unit over the garage or build a 3 car garage in back. The units are very clean with good tenants and professionally managed.Vaulted ceilings in the living rooms,Open kitchen with each
David Macleod Coldwell Banker Realty
New
$7,945,000
 

421 Edgewater, Newport Beach

5 Beds, 6 Baths,
EARN INSTANT EQUITY WITH APPROVED PLANS TO ADD A THIRD FLOOR! Perfectly situated on the coveted Balboa Peninsula, this property offers a fantastic opportunity that will actually double the value of your investment in just 8 months. The APPROVED PLANS show a new roof, new siding,new inside laundry room on 2nd floor, new bi-fold doors, new black windows and a new glass elevator to all three floors. The addition on the third floor will have a
Jodi Ditolla DiTolla Real Estate
New
$1,888,000
 

N/A, Costa Mesa

5 Beds, 5 Baths,
This exceptionally well-maintained Corner Duplex located in East Side Costa Mesa Corner of E.19th & Fullerton St. a block from Newport Blvd. Close to The Triangle, Mothers Market, 55/405 Freeways, Airport, Beaches and more. Collect the income or build condos. 6,630 sq.ft. lot. The Front Cottage Apt A is a single level 2bed 2 bath ensuites. 2 porches, wrap around yard with vinyl fence and huge private side yard, 1 car garage 2
Roseanne Levan Douglas Elliman Of California
New
$4,599,000
 

1010 Bewley Street, Santa Ana

16 Beds, 8 Baths,
Welcome to an exceptional investment opportunity in a high-demand area! This property offers a rare combination of fully remodeled detached units and substantial redevelopment potential, making it an ideal choice for investors seeking immediate rental income and future growth prospects. Fully Remodeled Units: Each of the 9 detached units has been completely remodeled to the highest standards, featuring luxurious upgrades such as new luxury vinyl
Long Nguyen Advance Estate Realty
New
$1,600,000
 

31981 Calle Reynalda, San Juan Capistrano

5 Beds, 3 Baths,
FABULOUS INVESTOR OPPORTUNITY! THE ONLY DUPLEX AVAILABLE IN SAN JUAN CAPISTRANO! Nestled in the heart of the historic and picturesque San Juan Capistrano, this charming duplex offers a unique blend of comfort, convenience, and culture. This amazing property offers 2 units, one 3 bedroom 2 bath which could be an owners unit and the other 2 bedroom 1 bath, both with one car garage and additional parking on the driveway! Each unit enjoys its own
Sandy Kedhar Re/Max Premier Realty
$1,885,000
 

357 Mermaid Street, Laguna Beach

1 Bed, 2 Baths,
Nestled in the vibrant heart of Laguna Beach Village, this charming duplex presents an unrivaled investment opportunity in an unbeatable location. The property comprises two inviting units: the front unit features a cozy layout with one bedroom and one bathroom, perfect for comfortable living. Meanwhile, the rear unit offers a quaint studio space, ideal for creative endeavors or as a serene retreat. Situated in the bustling downtown area, this
Robert Pfeif Robert Pfeif, Broker
$2,069,000
 

1141 Poplar Street, Santa Ana

8 Beds,
8 UNITS IN CITY OF SANTA ANA, HIGHLY RENT DEMAND, RARELY VACANT, EACH HAS 1 BED AND 1 BATH, EACH RENTING OUT FOR $1500/MONTH. TOTAL $12,000 RENTAL INCOME.
Thomas Dao Superior Real Estate Group
$1,350,000
 

2122 Westport Drive, Anaheim

4 Beds, 4 Baths,
2122 E Westport Drive is an exquisite four-unit multifamily property ideally situated near Downtown Anaheim, California. Each unit boasts a spacious one-bedroom plus an accompanying den, offering residents both comfort and versatility. The single-story construction with a pitched shingle roof exudes curb appeal with meticulously landscaped grounds and a sprawling front yard adorned with lush, manicured lawns. Well-maintained and recently
Mark Bridge Mark Bridge, Broker
$4,999,999
 

2717 El Camino Real, San Clemente

13 Beds,
The property at 2717 S El Camino Real, also known as House of Trestles, offers a unique blend of residential and commercial features in Southeast San Clemente. Comprising 12 individual units of varying sizes and amenities, it caters to diverse preferences and needs. Among its notable features is a commercial-grade kitchen, perfect for culinary enthusiasts or businesses. Additionally, the property boasts a spacious flex roof off the building's
Casey Wootan CENTURY 21 Affiliated
$2,150,000
 

602 Wilhelmina Street, Anaheim

6 Beds, 6 Baths,
Good Rental Areas. All 1Br , 1Bath with private garage. Near Parks & Schools Colony area of Anaheim, near Downtown.
Nick Hoffman Western International
$1,750,000
 

2066 Haster Street, Anaheim

8 Beds, 8 Baths,
Great passive income opportunity, or live in one and rent out the other 3 apartments! This 4-unit property is in good shape, with great long-term tenants who all pay on time.. (Lots of upside on rents possible) This fourplex has spacious 2 bedroom, 2 bath units with garages in back. One tenant has a 2-car garage. New flooring, new toilets, and new kitchens in some of the units. Brand-new outside paint. The separate laundry area brings in
Hanneke Jacobs Premier Agent Network
$3,995,000
 

17061 Sandra Lee Lane, Huntington Beach

5 Beds, 6 Baths,
ONE OF A KIND DUPLEX – CUSTOM BUILT IN 2018 - One unit will be delivered vacant, perfect for owner occupancy or immediate market rental. Each unit spans three levels and features a 5-bed 6-bath layout, each 3,200 square feet. Enjoy expansive living spaces with a PEEK-A-BOO OCEAN VIEW from the top deck. Crafted with superior quality and designer touches, including custom windows, high ceilings, washer and dryer, fireplace, backyard, and
Christopher Walker Triqor Group

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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