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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.
Property Type(s):
Single Family
| Last Updated | 9/29/2024 | Year Built | 1923 |
|---|---|---|---|
| Community | Vista | County | San Diego |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Counter Top |
| AREA | Vista |
| CONSTRUCTION | Stucco |
| GARAGE | Driveway, Other |
| HEAT | Forced Air, Propane |
| INTERIOR | Bedroom on Main Level, Separate/Formal Dining Room |
| PARKING | Driveway,Other |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| UTILITIES | Water Available |
| ZONING | R-1 |
Location
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Listed with Berkshire Hathaway HomeServices California Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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