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Seeking Guaranteed Bidders- Corona Del Mar, CA

Asset Details

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Asset Description

Description of Property: Single family home located in the Corona Del Mar neighborhood. IRS evaluated the value of the home at $4,043,311. 

 

Property May Be Inspected At:  2921 Setting Sun Drive, Corona Del Mar, CA 92625-1521 (Drive-by only.)

 

Legal Description:   

 

Real Property in the City of Newport Beach, County of Orange, State of California, Described as follows:

 

A leasehold estate created by that certain lease executed by the Irvine Company Lessor, and Harbor View Hills Development Corporation, Lessee, and subject to all of the provisions therein contained as disclosed by said document, recorded June 14, 1961 as instrument No. Book 5753, Page 202 of Official Records of Orange County, California. 

 

Lot 25 of Tract No. 3660 in the City of Newport Beach, County of Orange, State of California, as Per Map Recorded in Book 144, Page(s) 9, 10 and 11 of Miscellaneous Maps, in the Office of the County Recorder of Said County. 

 

PARCEL #: 458-663-09

Property Geolocation
Asset Address
2921 Setting Sun Drive
Corona Del Mar, 92625 CA
United States
Driving Directions

Firearms Prohibited

Members of the public attending the auction are prohibited from carrying/possessing a firearm(s) at the auction, even if carrying/possessing a firearm(s) is otherwise permitted under state or local law. The term “firearm” means any weapon (including a starter gun) which will or is designed to or may readily be converted to expel a projectile by the action of an explosive.

Asset Info

Notice Information
The Internal Revenue Service is seeking prospective purchasers of real property in order to redeem and sell the property located at 2921 Setting Sun Dr, Corona Del Mar, CA 92625.

Description of Property: Single family home located in the Corona Del Mar neighborhood. IRS evaluated the value of the home at $4,043,311.

Property May Be Inspected At: 2921 Setting Sun Drive, Corona Del Mar, CA 92625-1521 (Drive-by only.)

Legal Description:

Real Property in the City of Newport Beach, County of Orange, State of California, Described as follows:

A leasehold estate created by that certain lease executed by the Irvine Company Lessor, and Harbor View Hills Development Corporation, Lessee, and subject to all of the provisions therein contained as disclosed by said document, recorded June 14, 1961 as instrument No. Book 5753, Page 202 of Official Records of Orange County, California.

Lot 25 of Tract No. 3660 in the City of Newport Beach, County of Orange, State of California, as Per Map Recorded in Book 144, Page(s) 9, 10 and 11 of Miscellaneous Maps, in the Office of the County Recorder of Said County.

PARCEL #: 458-663-09

Minimum Bid: The minimum acceptable bid is $2,140,630.13 and the Agreement to Bid must be received no later than July 7, 2025.

Click here for Agreement to Bid form.

Click here for photos of the property.

To redeem the property under (Section 7425(d) of the Internal Revenue Code or Section 2410 of Title 28 of the United States Code), the Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the “United States Treasury Department” in the form of a cashier’s check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to Section 7506 of the Internal Revenue Code subject to any prior outstanding mortgages, encumbrances, or other liens that may be superior to the lien of the United States. Agreements to bid must be accompanied by the required deposit.

The Agreement to Bid and deposit should be sent to:

Internal Revenue Service
Attn: J. Danieles, Mail Stop 4444
290 N. D Street
San Bernardino, CA 92401

For Additional information, please contact J. Danieles, CEASO Advisor, at 909-388-8153.
Minimum Bid
2,140,630.13
Mail-in Bid Form
Sale Location
United States
Driving Directions
Terms of Sale
The property is offered for sale “as is” and “where is” and without recourse against the United States. The United States makes no guarantee of condition of the property, or its fitness for any purpose. The United States will not consider any claim for allowance or adjustment or for the rescission of the sale based on failure of the property to comply with any expressed or implied representation.
Form of Payment
All payments must be by cash, a certified, cashier’s, or treasurer’s check drawn on any bank or trust company incorporated under the laws of the United States or under the laws of any State, Territory, or possession of the United States, or by a United States postal, bank, or express money order. Make check or money order payable to the United States Treasury.
The Terms of Payment
Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the “United States Treasury Department” in the form of a cashier’s check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit.
Contact Information

J. Danieles
Internal Revenue Service
290 N. D St.
San Bernardino, CA 92401
United States

Contact Phone Number
909--38-8153

Additional Details

Disclaimer
This is an information notice only regarding a sale being conducted by the Internal Revenue Service.
Title Offered
Only the right, title, and interest of <name>, in and to the property will be offered for sale. If requested, the Internal Revenue Service will furnish information about possible encumbrances, which may be useful in determining the value of the interest being sold. See "Nature of Title" for further details.
Property May Be Inspected at
Drive-By Only