407 Avenida Santa Barbara, San Clemente, CA 92672

This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value! Neighborhood Description Don't miss this opportunity to build three beautiful condominiums right at the heart of San Clemente's Pier Bowl district. Walk to surf, sand and numerous boutique shops and restaurants and art galleries. This is without doubt one of the most progressive locations in Southern California.