Calling all developers! An exceptional opportunity awaits at 101 Santa Clara Drive in Vista. This rare offering consists of two parcels that are to be sold concurrently: Parcel #164-053-18-00 and Parcel #164-053-16-00 totaling 2.26 acres. With favorable zoning through SB-9, this property presents the perfect canvas to bring your development vision to life on a prime hilltop location with 180 degree views and convenient access to key highways. An added bonus is the assumable 5% interest-only note, providing incredibly ideal financing as your project moves through the City’s approval process. Fully rented on a 3 year lease with 3% annual increases, the rental income provides a $1000 monthly surplus, ensuring a smooth transition for any developer looking to capitalize on this ideal opportunity.
Property Details
Price:
$1,750,000
MLS #:
240023151SD
Status:
Active
Beds:
3
Baths:
1
Address:
101 Santa Clara Drive
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92083vista
City:
Vista
Listed Date:
Sep 29, 2024
State:
CA
Finished Sq Ft:
1,008
ZIP:
92083
Year Built:
1923
Schools
Interior
Appliances
Counter Top
Cooling
None
Heating
Propane, Forced Air
Exterior
Fencing
Partial
Garage Spaces
0.00
Parking Features
Driveway, Other
Parking Spots
4.00
Pool Features
None
Roof
Asphalt
Stories Total
1
Financial
Utilities
Water Available
Map
Community
- Address101 Santa Clara Drive Vista CA
- Area92083 – Vista
- CityVista
- CountySan Diego
- Zip Code92083
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Courtesy of Berkshire Hathaway HomeServices California Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Robert Barksdale include the name of the listing broker. Neither the listing company nor Robert Barksdale shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 101 Santa Clara Drive
Vista, CA
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