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5710 Olive Hill Road, Bonsall, CA 92003
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5710 Olive Hill Road
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Virtual Tour
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  • MLS#: NDP2500724 ( )
  • Street Address: 5710 Olive Hill Road
  • Viewed: 22
  • Price: $2,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 292
  • Additional Information
  • County: SAN DIEGO
  • City: Bonsall
  • Zipcode: 92003
  • Provided by: Lee & Associates
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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
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Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 6268.00
Common Walls
  1. 1 Common Wall
Electric Expense
  1. 2520.00
Entry Location
  1. Backyard and Front Entry
Fuel Expense
  1. 0.00
Garage Spaces
  1. 1.00
Insurance Expense
  1. 6113.00
Laundry Features
  1. Individual Room
  2. Outside
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 102345.00
Newtaxesexpense
  1. 36240.00
Parcel Number
  1. 1260503900
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Sourcesystemkey
  1. 400084197:CRP
Totalactualrent
  1. 164520.00
Totalexpenses
  1. 57618.00
Trash Expense
  1. 1808.00
Views
  1. 22
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/NDP2500724
Water Sewer Expense
  1. 4818.00
Water Source
  1. Well
Year Built
  1. 1950
Zoning
  1. Rural Residential (RR)