Particle.news
Download on the App Store

Registration Opens for Back-to-Back Tax-Defaulted Property Auctions in San Diego and Riverside

Officials project tens of millions in recoveries if minimum bids are met.

Overview

  • San Diego will auction 667 tax-defaulted parcels online March 13–18, including more than 500 timeshares with opening bids from $100 and a commercial property starting at $1.1 million.
  • Prospective San Diego bidders must register on the Treasurer-Tax Collector’s website by March 5 with a $1,000 refundable deposit and a $35 fee.
  • San Diego owners can redeem by paying all taxes and fees by March 12 at 5 p.m., and listings may be withdrawn before the sale if debts are cleared.
  • Riverside opened registration Feb. 26 for an April 23–28 auction of 946 properties on Bid4Assets, requiring a $5,000 refundable deposit with an April 20 registration deadline.
  • If minimum bids are reached, San Diego estimates at least $18 million in proceeds and Riverside officials cite nearly $29 million, with buyers urged to research liens, zoning and site conditions.