5710 Olive Hill Road

Bonsall, CA 92003

$2,995,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1950

calendar_month Built

Property 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

List Price $2,995,000
Status Active
MLS NDP2500724
HOA $0
Type Residential Income
Year Built 1950
Lot Size 356,756
Structure Size N/A
DOM 13
Courtesy Of Lee & Associates
Listing Agent Eric von Bluecher DRE#01926201
Co-Listing Agent Alexandra Bentley DRE#02062959

Interior Features

Laundry Information
Location(s) Laundry Room, Outside
Total Bedroom
Bedrooms N/A

Maps

Listing information courtesy of: Eric von Bluecher, Alexandra Bentley, Lee & Associates 760-929-9700. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 4th, 2025 at 5:55 PM 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.