Active
11 beds6,268 sqft
5710 Olive Hill Rd, Bonsall, CA 92003
Est: $14,061/moGet pre-approved
Multi FamilyProperty Type
8.19 acresLot Size
$399/sq ftPrice per sq ft
25 carsParking Spaces

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...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.
13 days on Market
  • Listed by: Mike Chiesl 760.473.0000 mike@chieslmarelly.com DRE #01783300 • Real Broker
  • Listed by: Kirsten Snyder 602.505.0860 kirstensnyderrealtor@gmail.com DRE #02119336 • Real Broker
Last updated: 09/13/2026 03:37 PM • Source: SDMLS, MLS#: 260022449

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Location

Listing Courtesy of Real Broker, Mike Chiesl, DRE #01783300; Real Broker, Kirsten Snyder, DRE #02119336
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Payment Calculator

$14,061 per month

30 year fixed, 7.03% Interest

Principal and Interest

$13,346

Property Taxes

$715

HOA Dues

$0

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Property Information for 5710 Olive Hill Road

Property Details
  • MLS Type: Commercial-Res Income / Com-Res Income
  • Parking Garage: Garages, Other/Remarks
  • Area Zip: BONSALL (92003)
  • Standard Status: Active
Building Information
  • Stories: 1
  • Residences: 7
  • Lot Size: 8.19 AC / 356,756 SF
Summary
Location and General Information
  • Coordinates: -117.234275, 33.292159
  • Latitude: 33.292159
  • Longitude: -117.234275
  • Directions: For access to the property and to view Unit C, turn off Olive Hill Rd onto Shamrock Rd and enter property on the left.
  • MLS Area Major: North County
Parking
  • Parking Features: Garages, Other/Remarks
  • Parking Total: 25.0
Property
Lot Information
  • Building Area Total: 6268.0
  • Building Area Units: Sqft
  • Living Area: 6268
  • Living Area Units: Sqft
  • Lot Size Area: 8.19
  • Lot Size Square Feet: 356756.0
  • Lot Size Units: Acres
  • Lot Size: 5.0 through 10.0 Acres
  • Building Area Source: Tax Record
Property and Assessments
  • Parcel Number: 126-050-39-00
  • Property Sub Type: Com-Res Income
  • Property Type: Residential Income
  • Year Built: 0
  • Assumable Finance: 0.0
Interior and Exterior Features
Exterior Features
  • Structure Type: Free Standing
  • Construction Materials: Part Fenced, Wood Fence
  • Number Of Buildings: 8
Interior Features
  • Bathrooms Full: 10
  • Bathrooms Half: 0
  • Stories: 1
  • Flooring: Hardwood, Other/Remarks, Tile
  • Heating: Floor Furnace
  • Bedrooms Count: 11
  • Baths Total: 10.0
Multi Family
Income & Expenses
  • Operating Expense: $33,866
  • Gross Scheduled Income: $213,360
Multi Family Information
  • Unit Rent1: $1, 600
  • Unit Rent2: $1, 425
  • Unit Rent3: $3, 700
  • Unit Rent4: $2, 005
  • Unit Rent5: $2, 315
  • Unit Rent6: $2, 005
  • Num of Units1: 1
  • Num of Units2: 1
  • Num of Units3: 1
  • Num of Units4: 1
  • Num of Units5: 1
  • Num of Units6: 1
  • Unit Rent Total1: $1,600
  • Unit Rent Total2: $1,425
  • Unit Rent Total3: $3,700
  • Unit Rent Total4: $2,005
  • Unit Rent Total5: $2,315
  • Unit Rent Total6: $2,005
  • Number Of Units Total: 7

Property History for 5710 Olive Hill Road

DateEvent & SourcePriceAppreciation
Sep 13, 2026

Listed (Active)

SDMLS #260022449

$2,500,000—
Sep 3, 2026

Listed (Active)

SDMLS #260021633

$2,500,000—
Sep 3, 2026

Listed (Active)

CRMLS #260021633SD

$2,500,000—
DateEvent & SourcePrice
09/13/2026

Listed (Active)

SDMLS #260022449

$2,500,000
09/03/2026

Listed (Active)

SDMLS #260021633

$2,500,000
09/03/2026

Listed (Active)

CRMLS #260021633SD

$2,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5710 Olive Hill Road

Taxable ValueLand$353,497Additions$464,659Total$818,156
Tax Record2025$8,581 ($715 / month)
Home Facts
Baths8Total Finished SqFt6,268 SqFtAbove Grade Finished SqFt6,268 SqFtLot Size356,756 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1950ZoningRRCountySAN DIEGOAPN126-050-39-00

Schools near 5710 Olive Hill Road

This home is within Bonsall Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Bonsall Elementary School
PublicK to 5

Norman L. Sullivan Middle School
Public6 to 8

Bonsall High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5710 Olive Hill Road is a multi-family home for sale in Bonsall, CA 92003. This property was listed for sale on September 13, 2026 by Real Broker, it's currently listed at $2,500,000. It has been on the market for a total of 13 days and was last sold on April 17, 2001. This listing's school district is Bonsall Unified School District. Nearby schools include Bonsall Elementary School, Norman L. Sullivan Middle School and Bonsall High. 5710 Olive Hill Road is a 11-bed, 10-bath, 6,268 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Mike Chiesl, DRE #01783300; Real Broker, Kirsten Snyder, DRE #02119336

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.