4
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$3,500,000
Est. payment /mo
8.19 Acres Lot
Active
5710 Olive Hill RD Bonsall, CA 92003
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UPDATED:
09/30/2024 05:51 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2408567
HOA Y/N No
Lot Size 8.190 Acres
Property Description
Discover an exceptional investment opportunity with this well-positioned multi-family property, featuring one contiguous parcel spanning approximately 8.19 acres. This property has 7 residential units, each averaging 900 square feet along with a warehouse storage facility. Currently, the property is fully leased with tenants on month-to-month agreements, providing an income stream. This flexibility in leasing arrangements presents an excellent advantage for potential buyers and developers seeking to maximize their investment. This prime location, combined with the opportunity for expansion, makes this property a standout choice for investors looking to capitalize on a high-demand rental market. This is your chance to own a versatile asset with both immediate income and long-term growth potential.
Location
State CA
County San Diego
Area 92003 - Bonsall
Zoning Rural Residential (RR)
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Horse Trails, Mountainous, Near National Forest, Park
View Y/N Yes
View Trees/Woods
Building
Lot Description 11-15 Units/Acre
Water Shared Well, Well
Others
Senior Community No
Tax ID 1260503900
Acceptable Financing Cash, 1031 Exchange
Horse Feature Riding Trail
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
Listed by Alexandra Bentley • Lee & Associates • abentley@lee-associates.com
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