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Jeffrey Walker

jeffrey@walkerpropertygroupca.com +1(949) 903-3731

$ 2,500,000

Est. payment | -/mo

8.19 Acres Lot

Save Virtual Tour

$ 2,500,000

Est. payment | -/mo

Save Virtual Tour

8.19 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Bonsall

MLS Listing ID 260021633SD

HOA Y/N No

Year Built 1950

Lot Size 8.190 Acres

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 6,436 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.

Location

State CA

County San Diego

Area 92003 - Bonsall

Building/Complex Name Bonsall

Interior

Heating Combination, Electric, Floor Furnace, Propane, Wood

Cooling See Remarks

Fireplace No

Appliance Electric Water Heater, Propane Water Heater

Exterior

Fence Partial

Pool None

View Y/N No

Private Pool No

Building

Story Multi/Split

Entry Level Multi/Split

Level or Stories Multi/Split

Others

Senior Community No

Tax ID 1260503900

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260021633

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Mike Chiesl Real Broker #01783300

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 903-3731

jeffrey@walkerpropertygroupca.com

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5710 Olive Hill Road Bonsall, CA 92003