8 Total Units on 8 Acres – Over 7% Proforma Cap Rate Presenting a unique investment opportunity—a contiguous parcel of approximately 8.19 acres, featuring 7 residential units, each averaging 900 square feet, and a warehouse storage facility. The property is fully leased, with tenants on month-to-month agreements at rents significantly below market value, offering immediate rental upside. The property''s unique characteristics provide a range of opportunities for creative investors or developers. Whether choosing to operate the property as-is with substantial value-add potential or to continue generating income while pursuing development plans. The subject property is situated at 5710 Olive Hill Road in Bonsall, California. It enjoys convenient access to major transportation routes, being in close proximity to Interstate 15 and Highway 76. The property is also located less than 1.5 miles from Bonsall Elementary School and approximately 4.4 miles from the Golf Club of California
Property Details
Price:
$2,995,000
MLS #:
NDP2500724
Status:
Active
Baths:
0
Address:
5710 Olive Hill Road
Type:
Residential Income
Neighborhood:
92003bonsall
City:
Bonsall
Listed Date:
Jul 8, 2024
State:
CA
ZIP:
92003
Lot Size:
356,756 sqft / 8.19 acres (approx)
Year Built:
1950
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Rural
Garage Spaces
1.00
Lot Features
0-1 Unit/ Acre
Parking Spots
1.00
Pool Features
None
Stories Total
2
Water Source
Well
Financial
Association Fee
0.00
Map
Community
- Address5710 Olive Hill Road Bonsall CA
- Area92003 – Bonsall
- CityBonsall
- CountySan Diego
- Zip Code92003
Similar Listings Nearby

5710 Olive Hill Road
Bonsall, CA
LIGHTBOX-IMAGES