101 Santa Clara Drive

Vista, CA 92083

$1,750,000

List Price

3

bed Beds

1

shower Baths

1,008 sqft

straighten / sqft

1923

calendar_month Built

Property 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.

Listing Information

List Price $1,750,000
Status Active
MLS 240023151SD
Type Residential
Subtype Single Family Residence
Year Built 1923
Lot Size N/A
Structure Size 1,008
DOM 1
Courtesy Of Berkshire Hathaway HomeServices California Properties
Listing Agent Justice Rodgers DRE#02125236

Interior Features

Laundry Information
Location(s) Outside, Propane Dryer Hookup
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 1
Additional Information
Additional Features Separate/Formal Dining Room, Bedroom on Main Level
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Justice Rodgers, Berkshire Hathaway HomeServices California Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.