101 Santa Clara Drive

Vista, CA 92083
$1,750,000
1008 sqft | 3 beds | 1 bath | #240023151SD
Courtesy of Berkshire Hathaway HomeServices California Properties

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
    • Interior Features
      • Interior:SeparateFormalDiningRoom, BedroomOnMainLevel
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:1
      • Full Baths:1
  • Property Details
    • Property
      • Stories:1
    • Measurements
      • Square Feet:1008
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1923
  • Utilities / Energy Details
    • Utility
      • Utility features:WaterAvailable
  • Community and Neighborhood Details
    • Location
      • County:San Diego
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 750, 000
  • Other
    • Source
      • MLS #:240023151SD

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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