New Listing
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 # | 260022449SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 3 |
| Listing Provided By | Real Broker | Mike Chiesl |
Features
| Units | 7 |
|---|---|
| Building(s) | 8 |
| Acreage | 8.19 |
Interior
| Heating | Floor Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | Bonsall |
| Zip Code | 92003 |
| Area | 92003 Bonsall |
| Listing VS Median (in 92003) | |
Price: $2,500,000 low | high Med: $1,700,000 On site: 3 low | high Med: 86 | |
Market Activity 92003
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | Bonsall |
| Zip Code | 92003 |
| Area | 92003 Bonsall |
| Listing VS Median (in 92003) | |
Price: $2,500,000 low | high Med: $1,700,000 On site: 3 low | high Med: 86 | |
 | $2,500,0005710 Olive Hill RoadBonsall, CA 92003 |