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.
PropertiesMorgan Scott2024-05-10T12:24:32+00:00
Property Description
Features
: None
: Forced Air, Propane
: None
: Partial
: Non-Garage(Driveway), Garage(None Known)
: Counter Top
: Outside, Propane
: Septic Installed
Address Map
US
CA
SD
Vista
92083
Santa Clara Drive
101
W118° 44' 8.7''
N33° 11' 42.6''
Exit the 78 off W Vista Way, turn north towards Santa Clara Drive
North County
R-1
Additional Info
Berkshire Hathaway HomeServices California Properties
Additional Information
: Stucco
: One
1
: Available
Listing Information
696630
62051
ACTIVE
2024-09-30T05:30:00Z
sdmls
: Call Agent
3 Bedrooms
1 Bathrooms
1,008
$1,750,000
Listing ID #240023151
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 240023151
Price : $1,750,000
Bedrooms : 3
Bathrooms : 1
Square Footage : 1,008
Year Built : 1923
Status : Active
Full Bathrooms : 1
Property Sub Type : Detached
Roof : Asphalt
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