5710 Olive Hill Road, Bonsall, CA 92003
5710 Olive Hill Road, Bonsall, CA 92003
5710 Olive Hill Road, Bonsall, CA 92003
27
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$2,500,000
Est. payment /mo
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14 Beds
11 Baths
8.19 Acres Lot
Active

5710 Olive Hill Road Bonsall, CA 92003

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Bonsall

MLS Listing ID 260021633

Bedrooms 14

Full Baths 11

Year Built 1950

Lot Size 8.190 Acres

Property Sub-Type Res Income 2-4 Units

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 North County

Interior

Heating Fireplace, Floor Furnace

Cooling Other/Remarks

Fireplace No

Exterior

Fence Partial

Utilities Available Septic Installed

View Y/N No

Water Access Desc Well on Property,Well/Irrigation Only

Roof Type Other/Remarks,Tile/Clay

Building

Water Well on Property, Well/Irrigation Only

Schools

School District Bonsall Unified

Others

Senior Community No

Tax ID 126-050-39-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260021633

MLS Router / San Diego MLS
Listed by Mike Chiesl, DRE#01783300 Real Broker 
Co-listed byReal Broker

NEARBY SCHOOL & BUSINESS

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Jason Fogelman

Jason Fogelman

Realtor / North County Regional Manager CA DRE#01374456

+1(858) 204-4262

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