5710 Olive Hill Road
Bonsall, CA 92003
Active for $2,995,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 356,756 sqft
MLS | NDP2500724 |
Year Built | 1950 |
Property Type | |
County | San Diego |
Status | Active |
Active | $2,995,000 |
Structure Size | N/A sqft |
Lot Size | 356,756 sqft |
Beds | N/A |
Baths |
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
Listing information courtesy of: Eric von Bluecher, Lee & Associates 760-929-9700. *Based on information from the Association of REALTORS/Multiple Listing as of 03/19/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.