5710 Olive Hill Rd Bonsall, CA 92003
Property profile & analytics
5710 Olive Hill Rd Bonsall, CA 92003
- Apartment buildings
- 6,268 SF
- 8.19 lot acres
Property ID
US09-9841218
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Budgettreeservice / Landscaping / General Contractor
Property Details for 5710 Olive Hill Rd
- Year built
- 1950
- Lot size
- 8.19 lot acres
- Property size
- 6,268 SF
- Zone code
- R-1:SINGLE FAM-RES
- Property type
- Apartment buildings
- APN
- 126-050-39-00
- APU
- 1260503900
Description
This exceptional investment opportunity presents a 7-unit multifamily portfolio situated on a sprawling 8.19-acre lot in Bonsall, California. The property, located at 5710 Olive Hill Rd, 92003, consists of seven single-story buildings, each averaging approximately 900 square feet of rentable space, totaling 6,268 square feet. Currently operating at 100% occupancy with month-to-month tenants, this portfolio offers immediate rental upside due to below-market rents. The property includes a warehouse storage facility, adding to its income-generating potential. The current zoning, Rural Residential (RR), permits various uses including single-family residences, schools (with minor use permit), group care facilities, clinics, and recreational uses (with a major use permit). The property boasts a current cap rate of 2.76%, with a pro-forma cap rate projected at 4.60%, highlighting significant value-add potential. This redevelopment opportunity is further enhanced by the high average home sales prices exceeding $1 million in the immediate vicinity. The property's convenient location offers easy access to Interstate 15 and Highway 76, and is within close proximity to Bonsall Elementary School and the Golf Club of California. The asking price is $3,500,000, representing a price per unit of $500,000. This is a 1031 exchange eligible property with APN 126-050-39. The property was built in 1950. This is a Class C property.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,016,000
Market price range: $968k - $3.07M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bonsall
- County
- San Diego
- State
- California
- Longitude
- -117.234
- Latitude
- 33.292
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,510
$339,771
$446,617
$786,388
-
$0.00
$0.00
$0.00
