Description
Truly a unique & extraordinary property. Six legally permitted units located on 1.67 acres in Olivenhain. Over 6930 sq. ft. of living space set in a tranquil rural location. All units are single story with 2 Bedrooms & 2 Baths plus full kitchens, walk in closets and private patios. Each unit has an adjoining carport with additional storage located adjacent. Three of the units have fireplaces. All units are on sewer and are separately metered for SDG&E. Owner covers water & trash. Rental rates vary and are all below current market rate. Beautiful mature landscaping surrounds this uniquely designed mid-century modern structure providing a peaceful serene rural setting. All units have been well maintained but vary in upgrades. Possible uses for this site are endless. Property could be used for a private school, day care, residential care center or elderly care facility. There is also potential for future development. According to the City, the units can be replaced with 6 detached condos which can be sold individually. Affordable requirements can possibly be met by adding 2 ADU's to the project. Adjacent .51 acre parcel accessing off Cole Ranch Road is also available for sale. This parcel has an existing 1" water meter and a sewer lateral already installed. The site is flat and totally useable. Contact agent for a complete package.
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Listing Agent: Kyle Murphy Courtesy of: Coldwell Banker Realty The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 14th August, 2022 2:56 PM (UTC)
