1008 sqft | 3 beds | 1 bath | #240023151SD
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.
Interior Details
- InteriorSeparateFormalDiningRoom, BedroomOnMainLevel
Beds & Baths
- Bedrooms3
- Bathrooms1
- Full Baths1
Property Details
- Stories1
Measurements
- Square Feet1008
Construction Details
- Property TypePurchase
Condition
- Year Built1923
Utilities / Energy Details
- Utility FeaturesWaterAvailable
Community and Neighborhood Details
- CountySan Diego
Financial Details
- Original List Price$1,750,000
Other
- MLS #240023151SD
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Justice Rodgers (#SAND-696630)
Listing Office: Berkshire Hathaway HomeServices California Properties (#SAND-62051)
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