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  • MLS#: NDP2500724 ( )
  • Street Address: 5710 Olive Hill Road
  • Viewed: 2
  • Price: $2,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 212
  • Additional Information
  • County: SAN DIEGO
  • City: Bonsall
  • Zipcode: 92003
  • Provided by: Lee & Associates
  • Contact: Eric Eric
  • DMCA Notice
  • 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.
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Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 6268.00
Common Walls
  1. 1 Common Wall
Electric Expense
  1. 2520.00
Entry Location
  1. Backyard and Front Entry
Fuel Expense
  1. 0.00
Garage Spaces
  1. 1.00
Insurance Expense
  1. 6113.00
Laundry Features
  1. Individual Room
  2. Outside
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 101966.00
Newtaxesexpense
  1. 36240.00
Parcel Number
  1. 1260503900
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Sourcesystemkey
  1. 400084197:CRP
Totalactualrent
  1. 164520.00
Totalexpenses
  1. 57618.00
Trash Expense
  1. 1808.00
Water Sewer Expense
  1. 4818.00
Water Source
  1. Well
Year Built
  1. 1950
Zoning
  1. Rural Residential (RR)