Active

5710 Olive Hill Road

Bonsall CA, 92003

$2,995,000


Active

7 Beds

Multi-family

8 Total Units on 8 Acres - Over 7% Proforma Cap Rate Presenting a unique investment opportunitya 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 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

7


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

8.19 Acres

Other Property Details

Days on Market

211


Garage

No


View

No


County

San Diego


Pool

No


Pool Features

None

Listed by Lee & Associates, Eric von Bluecher,
Listing Contact: 760-929-9700 

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