$1,750,000
For Sale

101 Santa Clara Drive

Vista, CA 92083
1008 sqft | 3 beds | 1 bath | #240023151SD
Listing OfficeBerkshire Hathaway HomeServices California Properties
Browse 7 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • InteriorSeparateFormalDiningRoom, BedroomOnMainLevel
      • Property SubtypeSingleFamilyResidence
      • Utility FeaturesWaterAvailable
      • MLS #240023151SD
      • MLS #240023151SD
      • Original List Price$1,750,000
      • CountySan Diego
      • Property TypePurchase
      • Cost1750000
      • Square Feet1008
      • Year Built1923
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Stories1

Location

Adolph JamesReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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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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