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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.
Address |
101 Santa Clara Drive
Vista, CA 92083 |
Listing Status | ACTIVE |
Asking Price | $1,750,000 |
Original Listing | $1,750,000 @ 2024-09-29 |
Terms | Assumable,Cash,Conventional,Seller May Carry |
Age Restriction | N/K |
Property Type | Fee Simple |
Property Restrictions | None Known |
Sales Restrictions | Call Agent |
Mello-Roos Fee | $0 |
HOA Fee | $0 |
Square Footage | 1008 sf |
Bedrooms | 3 + 0 optional |
Full Bathrooms | 1 |
Family Room | 10x16 |
Living Room | 10x16 |
Dining Room | 6x9 |
Kichen | 5x9 |
Master Bedroom | 12x14 |
2nd Bedroom | 10x10 |
3rd Bedroom | 8x10 |
Directions | Exit the 78 off W Vista Way, turn north towards Santa Clara Drive |
Cross Street | W Vista Way |
Market Area | North County |
Neighborhood | Vista |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 164-053-18-00 |
Zoning | R-1 |
Geographic Areas | |
Highway Locator |
West of I-15 East of I-5 North of SR-78 |
Ocean Distance | 9.2 miles |
Year Built | 1923 |
Laundry Location | Outside |
Elevator | Not Listed |
Cooling | N/K |
Heating | Propane Forced Air Unit |
Sewer/Septic | Septic Installed |
Fireplaces | Not Listed |
Equipment | Counter Top |
Platform | SDMLS |
AOR | San Diego Association of REALTORS (SDAR) |
MLS Number | 240023151 |
Courtesy of | Berkshire Hathaway HomeServices California Properties |
https://www.californiatophomes.com/240023151
Style | Detached 1 Story |
Material | Stucco |
Lot Size | 2+ to 4 AC |
Fencing | Partial |
Topography | Bluff/Canyon Rim |
Roof | Asphalt |
Swimming Pool | N/K |
Parking |
Total Spaces: 4
Garage Spaces: 0
Non-Garage Spaces:
4 -
Driveway
|
View | Not Listed |