Active
5710 Olive Hill Road
Bonsall CA, 92003
$2,995,000
$477.82 per sqft
Active
6,268 sqft
Residential
Built in 1950
Listed by Eric von Bluecher with Lee & Associates [email protected]
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
NDP2500724
MLSⓇ ID
January 22, 2025
Listed
February 4, 2025
Updated
Map
5710 Olive Hill Road
Bonsall CA, 92003
Interior Features
Total Stories
2
Laundry Description
Laundry Room, Outside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
8.19 Acres
Lot Features
0-1 Unit/Acre
Other Property Details
Area Name
92003 - Bonsall
Days on Market
13
Garage
Yes
Garage Spaces
1
Parking Total
1
View
No
County
San Diego
Water Source
Well
Pool
No
Pool Features
None
Zoning
Rural Residential (RR)
Listing Contact: 760-929-9700
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Data last updated on 2/4/2025 at 6:18 PM UTC