26
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$2,500,000
Est. payment /mo
8.19 Acres Lot
Active
5710 Olive Hill Road Bonsall, CA 92003
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260022449SD
HOA Y/N No
Lot Size 8.190 Acres
Property Sub-Type Mixed Use
Property Description
Over a 7% pro forma cap rate, seven fully occupied residential units, and a warehouse facility position this 8.19-acre Bonsall property as a compelling income-producing investment in North San Diego County. Approximately 6,436 square feet of residential space with 14 bedrooms, 11 bathrooms, and established tenancy provide immediate cash flow from a diversified mix of rentals. At the center of the property, the approximately 100-year-old Rockhouse brings historic character rarely associated with a multifamily asset. Units E and F were upgraded in 2024, while mature trees and gently sloping terrain create separation between residences. A private well adds valuable infrastructure and helps support the extensive grounds. Investors benefit from a single-parcel acquisition with multiple revenue sources, substantial acreage, no HOA, and no Mello-Roos. Convenient proximity to Fallbrook, Highway 76, I-15, Oceanside, and employment centers throughout the region supports continued tenant demand. The combination of current occupancy, attractive projected returns, land ownership, and improvement potential creates a distinctive opportunity for investors seeking yield and long-term value in the Southern California market.
Location
State CA
County San Diego
Area 92003 - Bonsall
Interior
Heating Floor Furnace
Fireplace No
Exterior
Total Parking Spaces 25
Others
Tax ID 1260503900
Listed by Mike Chiesl Real Broker #01783300
NEARBY SCHOOL & BUSINESS
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