---
listing_id: SD260021633
status: Active
price: 2500000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 356756
lot_acres: 8.19
year_built: 1950
property_type: Residential Income
property_subtype: Residential Income
address: "5710  Olive Hill Road"
city: Bonsall
state: CA
zip: 92003
county: "San Diego County"
lat: 33.292159
lng: -117.234275
days_on_market: 14
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Mike Chiesl"
list_office: "Real Broker"
list_agent_phone: "(760) 473-0000"
list_agent_license: 01783300
mls_source: SDMLS
modified: 2026-09-13
transaction_type: buy
---

Home | San Diego County | Bonsall | 92003 | 5710 Olive Hill Road

5710 Olive Hill Road, Bonsall, CA 92003

MLS: SD260021633 | Status: Active | Price: $2,500,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Acres Lot Yr Built
8.19 1950

Remarks

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.

MLS Listing Information

Field Value
MLS # SD260021633
MLS Source San Diego MLS
Days on Site 14

Features

Interior Features

Feature Details
Cooling Other
Heating Electric, Fireplace, Floor Furnace, Propane, Stove - Wood

Exterior Features

Feature Details
Roof Other, Tile
Horse Property Yes

Parking, School, and Other Information

Feature Details
Water Well

Contact Information

Listing Agent Co-Listing Agent
Mike Chiesl Kirsten Snyder
Real Broker Real Broker
License #: 01783300 License #: 02119336
Phone: (760) 473-0000 Phone: (602) 505-0860

Property Units

# Buildings # Leased Units # Total Units
8 7

Unit Details

Unit # Sq Ft Beds Baths Rent
1 8 6/0
2 1 1/0 $1,215
3 3 2/0 $2,625
4 2 2/0 $1,705

Disclosures

©2026 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.

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This listing information is up-to-date as of September 13, 2026. For the most current information, please contact Mike Chiesl, (760) 473-0000.