Defaulted Vacant 2 Story Spanish Style Home in Beachside City of San Clemente in Orange County with Ocean Views Major Cross Streets Avenida Pico and 5 Freeway

3 Bedrooms and 3 Bathrooms - 3286 SF on 6250 SF Lot - Built 1978
This spacious Spanish Style home is located in the central area of downtown San Clemente and features a gardeners paradise with a huge side yard is walking distance to shopping and restaurants. Featuring an attached 2 car garage with an expansive deck perfect for entertaining and lazy days in the sun. The unique style interior offers beamed ceilings and a brick fireplace in the family room and laminate and tile flooring throughout and has peek-a-boo views in the heart of downtown San Clemente! Excellent location west of the 5 freeway, walking distance to North Beach, restaurants, shopping, beach trails, parks and easy access to freeways and public transportation.
Property is boarded up and in need of renovation and upgrades

Original Loan Amount $2,310,000
Interest Rate 9.50%
Loan Matures 8/2053
NOS Filed 10/2024
Appraised Value $2,950,000 as of 10/2024