1535 Wilshire, Fallbrook, CA 92028

Working organic 4.75 acre avocado ranch home with 60 gpm well (at full capacity) This location is on the west front slope of Fallbrook in an area known as the Sleeping Indian ag preserve, shared with portions of Oceanside, commonly known as South Morro Hills.( 2.5 acre min.) Main house has 2 br 2bath. rented 2700 a mo. 2nd unit is 1br 1bth full kitchen. Rented 850.00 month. Views here are incredible. Private mountain top. Plenty of flat pads for greenhouse activity.

Oceanside utilities, Fallbrook charm. Very private/serene location overlooks Pendleton on the north, Carlsbad Vista Oceanside in remaining directions.. Income unit (1 br 1bth +full kitchen) could be converted into an excellent artist studio or caretaker quarters if you become a seasonal owner. (Ask for income stmts but owner says 25-30k a yr avg) Pomegranates are second crop. Organic certification may be transferable. Main house has BR down/ Master suite up, and offers a view deck to live for. Rented for 2700 through 6/2018. Again, this is a rare 360 degree view location. Property is fenced and drive is gated. Larger capacity solar unit too. Character driven property. With sizable down owner may carry the mortgage for qualified buyer. Private parties, require ample notice and controlled showings. South Morro Hills Ag District: Rarely can you find a working avocado ranch within sight of the coast. (Non freeze ocean breeze zone) Three hundred Avo trees are on a rot resistant root stock and are just now coming into their heavier production cycle. Four hundred fifty pomegranates. Also several varieties of citrus and rare fruit combos fill out the basket. If you don’t want to work the ranch all day, grab your surfboard and run down to one of the local beaches. There is a voluntary community association (South Morro Hills) that works heavily with the city of Oceanside to keep the character of the community at 2.5 acre minimum. Agri tourism plan for the area by city of Oceanside. Property included in Oceanside sphere. Oceanside utilities. Checking on new cannabis ordinance eligibility.

Working avocado ranch with well and organic certs. Also appears to have a City of Oceanside legal cannabis cultivation entitlement of up to 20,000 sq ft of greenhouse canopy. (Refer to city ordinance) Cap rates, multiplier, etc not functional in this scenario. Value in the land, tenants want to stay. Farm presently managed, fruit production records available. Well water. Quirky opportunity. Non conforming duplex. Permits questionable. Owner sort of a ‘mad scientist’ type resides elsewhere (see supplment

Very private gated hill top acreage . Multiple natural pads, minimal grading. Large solar. Electrical runs to extended portions of property. Owner will carry a first T.D. for the entrepreneur who may have bank issues, provided down payment sizable. City Medical Cannabis ordinance in its infancy, and qualifications (many) subject to modification. http://www.ci.oceanside.ca.us/civicax/filebank/blobdload.aspx?blobid=47018, or for summary: http://www.ci.oceanside.ca.us/services/comms/mmac.asp. This is a highly unusual legal business opportunity duplex on the ground floor of a farm to dispensary movement that requires specialized zoning. Offering is subject to confirmation of written city entitlement (waiting), city permits, and state certification of potential new owners if such an endeavor is pursued.