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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.
Last Updated | 9/29/2024 | Tract | Vista |
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Year Built | 1923 | County | San Diego |
Additional Details
CONSTRUCTION | Stucco |
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HEAT | Forced Air, Propane |
LOT | 0 |
LOT DIMENSIONS | 2 to 4 AC |
PARKING | No Garage |
SEWER | Septic Tank |
STORIES | 1 |
SUBDIVISION | Vista |
ZONING | R-1 |
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Properties on this website was last updated as recently as 11/23/24 3:11 PM PST.
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