113-119 S El Camino Real

CLICK HERE FOR OFFERING MEMORANDUM

COURT CONFIRMATION & OVERBID HEARING SCHEDULED FOR THURSDAY FEBRUARY 29, 2024 at 3pm 

OVERBID INFORMATION:

• Date of Overbid Hearing: February 29th, at 3:00pm
• Starting Bid Amount: $3,000,000
• Minimum Subsequent Bid Increments: $50,000
• Any parties interested in overbidding must provide notice of their Intent to overbid prior to the date of the hearing.
• All overbidders must be provide Counsel with a 3% deposit ($90,000) in the form of a Certified Check, and proof of funds to pay the remaining balance of the overbid amount. Deposit will be returned to overbidder if they are not the successful purchaser.
• The overbid may not contain any contingencies.
• Overbids are subject to the tenant’s Right of First Refusal.
• Appearance can be made remotely via ZoomGov Virtual Courtroom

Contact Megan for information on how to attend - 661.839.3032

ABOUT THE PROPERTY:

113, 115 & 119 S. El Camino Real is a retail center built in 1952, located in thriving Downtown San Clemente, known for its upscale restaurants, trendy boutiques, and affluent customer base. The combined subject properties total 3,420 Sq. Ft. of Rentable Building Area (RBA), residing on an 11,994 Sq. Ft. lot, with a total of approximately 19 parking spaces. This property benefits from its stellar location, with high traffic counts along El Camino Real driving customers to this location.

• Prime Location: The property's prime location on El Camino Real guarantees high traffic counts, attracting a consistent flow of customers.
• Ample Parking: With 19 parking spaces, patrons enjoy easy accessibility, enhancing their overall experience.
• A few blocks away from San Clemente City Beach