5710 Olive Hill Road
Bonsall, CA 92003
- – beds
- – baths
- – sqft
- ~8 acre lot
- 1950 build
- – on site
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
Last checked:
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Last updated Feb 22, 2025
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MLS# NDP2500724 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1950
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Building Area Total:6268.00
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Total Number Of Units:7
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# of Buildings:8
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Stories Total:2
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Entry Level:2
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Common Walls:1 Common Wall
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# of Separate Gas Meters:8
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# of Separate Water Meters:8
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# of Separate Electric Meters:8
Interior
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Entry Location:Backyard and Front Entry
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Fireplace:No
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Laundry:Individual Room, Outside
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Laundry:1
Location
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Directions:The subject property is located at 5710 Olive Hill Road in Bonsall, California. This property is in close proximity to Interstate 15 and Highway 76, less than 1.5 miles to Bonsall Elementary School, and approximately 4.4 miles to the Golf Club of California.
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Latitude:33.29215900
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Longitude:-117.23427500
The Property
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Property Type:Residential Income
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Zoning:Rural Residential (RR)
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Lot Features:0-1 Unit/Acre
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Lot Size Area:8.1900
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Lot Size Acres:8.1900
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Lot Size SqFt:356756.40
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Lot Size Source:Public Records
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Fence:No
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Property Attached:1
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:018804
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Tax Lot:126-050-39-00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:1260503900
Heating & Cooling
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Cooling:No
Utilities
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Water Source:Well
Appliances
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Included:No
The Community
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Neighborhood:Bonsall
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Features:Rural
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:No
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Parking Spaces:1.00
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Garage Spaces:1.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/22/25
Jan 22, 2025
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Listed / Active | CRMLS_CA | $2,995,000 | |
9/24/24
Sep 24, 2024
|
Listed / Active | CRMLS_CA | ||
9/24/24
Sep 24, 2024
|
Listed / Active | CRMLS_CA |