Active, income-producing vacation rental opportunity with verified GSI of nearly $150,000 for 2015. 3 structures, 4 total residences on property (w/ room for additional, and possessing wet and dry utilities already on site, saving you thousands!) 5,400 sq.ft. total interior space, resort-like grounds with rock pool/waterfalls/grotto/slide, fish ponds, pool tables, game rooms, etc. 2010-2015 financials available w/ feasible offer. Please note, discounts extended to current long term tenants have impacted true Cap Rate. Highest&Best use of property not currently achieved.
Ideal for wedding facility, B&B, continued vacation rental, or "buy-n-hold" investor seeking entitled land for future build. Property is 1 hr. from San Diego, 75 min from OC and 90 min from LA and is easily accessible to 19 million SoCal residents within a 2 hr drive. This rare find sits less than 1 mile from South Coast Winery (3-time winner of the coveted California Winery of the Year award).
In high season, each of the 3 homes on site here at Calle Nopal remain fully booked and command the following rates:
RESIDENCE 1: $550/night, $2,975/week and $7,500/month. RESIDENCE 2: $395/night, $2,100/week and $4,100/month. RESIDENCE 3: $275/night, $1,900/week and $2,500/month
Age: 11-20 Years Old
Amenities: RV Parking, Pool, Ceiling Fan
Architecture Style: Other
Cooling System: Central A/C
Floor Covering: Carpet
Heating System: Central Furnace
Lot Size: 5.34 Acres
Parking Type: Driveway, Garage, RV
Roof Type: Unknown
Rooms: Bedroom, Bonus Room, Den, Family Room, Great Room, Guest Room, Living Room, Loft, Media Room, Office, Walk-In Closet, Workshop
View Type: City, Hills, Mountain, Valley