Description
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 Type
Residential IncomeCounty
San DiegoStyle
Residential IncomeAD ID
48411417
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Cooling Features
- Air Conditioning
Heating Source
- Has Heating
Fireplace
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1950
- Building Area Total: 6,268
Pool Features
- None
Laundry Features
- Laundry Room,Outside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 8.19
- Lot Size Source: Public Records
- Lot Size Square Feet: 356756.4
-
Listing Information
Listing Price Information
- Original List Price: 2,995,000
- Listing Contract Date: 2024-07-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 1260503900
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 92003 - Bonsall
- Directions: The subject property is located at 5710 Olive Hill Road in Bonsall, California. This property is in close proximity to Interstate 15 and Highway 76, less than 1.5 miles to Bonsall Elementary School, and approximately 4.4 miles to the Golf Club of California.
- Zoning: Rural Residential (RR)
- Source Property Type: Residential Income
- Area: 92003 - Bonsall
Building and Construction
- Property Age: 75
- Common Walls: 1 Common Wall
- Year Built Source: Vendor Enhanced
- Entry Level: 2
- Entry Location: Backyard and Front Entry
- Property Attached: Yes
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BuyOwner last updated this listing 02/22/2025 @ 04:01
- MLS: NDP2500724
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 6,268 sqft, 356,756 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Bonsall , in zip code 92003, this San Diego County Home are nearby neighborhoods.