5710 Olive Hill Road,Bonsall, CA 92003
Bonsall, CA 92003
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.
Details
| MLS # | 260021633SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 61 |
| Listing Provided By | Real Broker | Mike Chiesl |
Features
| Units | 7 |
|---|---|
| Building(s) | 8 |
| Acreage | 8.19 |
Interior
| Cooling | See Remarks |
|---|---|
| Heating | Combination, Electric, Floor Furnace, Propane, Wood |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Electric Water Heater, Propane Water Heater |
Exterior
| Fencing | Partial |
|---|
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | Bonsall |
| Zip Code | 92003 |
| Area | 92003 Bonsall |
| Community Name | Bonsall |
| Listing VS Median (in Bonsall) | |
Price: $2,500,000 low | high Med: $1,850,000 On site: 61 low | high Med: 10 | |
Market Activity 92003
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | Bonsall |
| Zip Code | 92003 |
| Area | 92003 Bonsall |
| Community Name | Bonsall |
| Listing VS Median (in Bonsall) | |
Price: $2,500,000 low | high Med: $1,850,000 On site: 61 low | high Med: 10 | |
 | $2,500,0005710 Olive Hill RoadBonsall, CA 92003 |
