5710 Olive Hill Road, Bonsall, CA 92003
5710 Olive Hill Road, Bonsall, CA 92003
5710 Olive Hill Road, Bonsall, CA 92003
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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353
$2,500,000
Est. payment /mo
7 Beds
6 Baths
8.19 Acres Lot
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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 7

Full Baths 6

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 6,268 square feet of residential space 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 Tile/Clay,Other/Remarks

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

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MLS Router / San Diego MLS
Listed by Mike Chiesl, DRE#01783300 Real Broker 

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5710 Olive Hill Road