Listing provided courtesy of Justice Rodgers of Berkshire Hathaway HomeServices California Properties. Last updated 2024-11-14 09:13:00.000000. Listing information © 2024 Sandicor.
Asking Price: $1,750,000 |
101 Santa Clara Drive, Vista CA 92083
Community: 92083 - Vista
This Single Family Residence property was built in 1923 and is priced at $1,750,000. Please see the additional details below.
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.
