101 Santa Clara Drive Vista, CA 92083

3 Beds
1 Bath
1,008 Sqft
Status: Active
Property Type: Detached
Year Built: 1923
Neighborhood: Vista
Days on Website: 53

Courtesy of Berkshire Hathaway HomeServices California Properties

Description

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.

Open House

Property Details and Features

  • 1 full bathroom
  • 1 total bathroom
  • 3 bedrooms
  • 3 total bedrooms
  • 10x10 square feet
  • 8x10 square feet
  • 1,008 estimated square feet
  • Source: Assessor Record
  • Built in 1923
  • 1 story
  • 6x9 square feet
  • Stucco
  • Partial
  • 10x16 square feet
  • Available
  • Forced Air Unit
  • Propane
  • Kitchen is 5x9 feet
  • Outside
  • Propane
  • Source: SDMLS
  • For Sale
  • 1 day on market
  • Listed on 2024-09-29
  • County: San Diego
  • 2+ to 4 AC
  • 10x16 square feet
  • 12x14 square feet
  • None Known
  • 4 non-garage parking spaces
  • 4 total parking spaces
  • Non-Garage Parking: Driveway
  • Asphalt
  • Septic Installed
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