9 O.C. Properties Will Be Included in Later RTC Sale
Another portfolio of 85 properties--nine of them in Orange County--goes on sale Jan. 30, the Resolution Trust Corp. said.
The Orange County properties are:
Twenty acres at Main and Von Karman streets in the busy Irvine office neighborhood near John Wayne Airport. The RTC is asking $12 million for the land, which was part of an office park being developed by a partnership of Newport Beach developer Koll Co. and Columbia Savings & Loan Assn. Columbia, like the other thrifts in this list, was taken over by the federal government.
The next most expensive property is the 106-unit Sunset Plaza apartment complex at 2767 W. Ball Road in Anaheim, which was owned by Far West Savings and for which the government is asking $8.95 million.
Third is a retail building at 7800 Edinger Ave. in Huntington Beach, which was owned by Mercury Savings and for which the RTC asks $3 million.
Another Mercury building, a three-story office building at 7812 Edinger Ave. in Santa Ana, is for sale at $2.9 million.
A Lincoln Savings branch at 1631 N. Bristol St. in Santa Ana--18,700 square feet on 1.3 acres--is for sale at $2 million.
An 11,000-square-foot warehouse at 7642 Winfield Drive in Huntington Beach, owned by Guardian Savings, is for sale at $878,000.
A Southwest Savings branch--4,000 square feet on 0.7 acre--at 6900 Lincoln Ave. in Buena Park is for sale at $841,500. Another Southwest branch at 17071 Springdale St. in Huntington Beach is also going for $841,500.
A single office condominium unit at 245 Fischer Ave. in Costa Mesa, owned by American International, is for sale at $190,000.