Property Overview:
101 Santa Clara Dr is a single-family home in Vista, CA 92083, built in 1923. The main house features 3 bedrooms, 1 bathroom, and 1,008 sq. ft. of living space, sitting on a 1.3-acre lot. The property is being sold together with an adjacent .96-acre vacant parcel, totaling 2.26 acres across two parcels (#164-053-18-00 & #164-053-16-00). The combined asking price is $1,995,000. The property offers development potential for up to 8 lots (minimum lot size 10,000 sq. ft., buyers to verify with city). Zoning: R-1 (Residential), SB-9 eligible.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 2.7% (well below state average of 11.8%)
- Property crime risk: 1.3% (well below state average of 10.8%)
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Schools:
Nearby schools include Major General Raymond Murray High, Grapevine Elementary, Vista Innovation and Design Academy, and Audeo Charter II.- Average SAT score: 1023 (above state average of 975)
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Job Market:
- 55.5% white-collar jobs, 44.5% blue-collar jobs
- Unemployment rate: 4.3% (below state average of 4.7%)
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Demographics:
- Community population: 68,060 (9% growth since 2000)
- 73% families with children
- Largest age group: 25-34 years (17.04%)
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk
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Weather:
- Average temperature: 46.4°F (January), 75.1°F (July)
- Average rainfall: 29.5 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $63,766
- Average annual spending: $50,633
Property Features:
- Two parcels totaling 2.26 acres (1.3 acres with house + .96-acre vacant lot)
- Development potential: Subdivide up to 8 lots (verify with city); SB-9 eligible for up to 4 lots with main residence + ADU each; possible density bonus for affordable housing
- Main house:
- 3 bedrooms, 1 bathroom, 1,008 sq. ft.
- Parking garage
- Built in 1923
- Rental income: Fully rented on a 3-year lease with 3% annual increases, providing a $1,000 monthly surplus
- Assumable 5% interest-only loan (approx. $1M balance, 1.3 years remaining)
- Expansive outdoor space: Hilltop location with 180-degree panoramic views
- Private gate for security and privacy
- Ideal for contractor storage yard, outdoor storage, or redevelopment
- Zoning: R-1 (Residential), LZ, LV; no HOA fees
Location Benefits:
- Prime Vista location: Close to shopping, restaurants, and downtown Vista Village
- Easy freeway access (near Hwy 78)
- Nearby parks: Bub Williamson Park, Breeze Hill Park, Lake Park
- Convenient to grocery stores: Primo Food Mart, Food 4 Less, Frazier Farms
- Nearby coffee shops and restaurants: Starbucks, Courtyard Cafe, Carl’s Jr., Coco’s Bakery, Rubio’s Coastal Grill
- Versatile use: Suitable for residential development, contractor storage, or investment
Summary of Opportunity:
- Rare 2.26-acre hilltop property with development potential in a safe, family-oriented neighborhood
- Multiple exit strategies: Subdivide, develop, hold for rental income, or use for storage/contractor yard
- Assumable financing and income-producing lease in place
- Excellent location with strong demographics, schools, and amenities nearby