5710 Olive Hill Road, Bonsall, CA 92003
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by: mike chiesl, kirsten snyder
Office: real broker
MLS#:260022449
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,500,000
- Price per sq. ft.:$398.85
About this home
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....
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Home facts
- Listing ID #:260022449
- Added:51 day(s) ago
- Updated:October 25, 2026 at 02:19 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:11
- Full bathrooms:10
- Flooring:Hardwood, Tile
- Living area:6,268 sq. ft.
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Building area:6,268 sq. ft.
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$398.85
Parking
- Total parking spaces:25
- Parking description:Garages
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