138 San Miguel Canyon Rd - Agricultural LAND FOR SALE


Royal Oaks, CA 95076 1,524,600 SF
$3,695,000 USD
831-247-3007
138 San Miguel Canyon Rd, Royal Oaks, CA for Sale
$3,695,000 USD
Agricultural LAND - FOR SALE
1/30
1,524,600 SF

138 San Miguel Canyon Rd
Royal Oaks, CA 95076


HIGHLIGHTS

  • Excellent farming soil
  • 35 level acres
  • Two separate parcels each with its own homes
  • good rental income property
  • 2 domestic wells, 3 Ag wells, 2 are active

OVERVIEW

These two parcels: 138 San Miguel Canyon Rd. APN 267-031-006 -15 organic acres, is being sold with 120 San Miguel Canyon Rd. APN 267-031-007 - 20+ organic acres, and price includes both addresses (parcels). Each property offers a single family residence: 120 San Miguel Canyon Rd, is 1,845 sq. ft. with 4 bedroom 1 full and 1 half bath, on 20.120 acres of organic agricultural land with high producing Ag. well. Period oak wood floors, large kitchen walk-in pantry, inside laundry, large classic looking wood barn structure, and additional outbuildings. 138 San Miguel Canyon Rd. is 1,459 sq. ft. 3 bedroom, 1 bath + detached guest unit + mobil home + 1,800 sq. ft. 3 bay metal structure with rollup doors and 20' ceiling on 15.0 organic acres. Both addresses have been rental income properties, and the combined 35 acres have also been leased to a high end organic well known company as additional annual income. The annual income on the two homes and from the leased farm land is approx. $168,000 per year. Tenants would prefer to stay if possible. Land tenant has lease that expires 4/30/2027. More photos and drone coming. Tenants have been given notice to vacate. Tenants would like to stay, 120 San Miguel Canyon rents for $3,000 per month and has more upside available. 138 rents for $6600 per month, current organic farmer rents Ag land for $4,333.33 per month ($52,000 per year) Combined income per month is approx. $13,933.33 and total annually is approx. $167,199.96. Ag land lessee also maintains and repairs ag well per agreement.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/ACRE

$105,571/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

138 & 120 San Miguel Canyon Rd. 35 Ag Acres

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Agricultural

LAND PROPOSED USE

Agricultural

LAND ACRES

35 AC

LAND SF

1,524,600 SF

OFFSITE IMPROVEMENTS

-

ZONING

AG

APN/PARCEL ID

267-031-006,267-031-007

ASK ABOUT THIS PROPERTY

Paul ZechColdwell Banker Commercial RealtyMore Info
831-247-3007

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Paul ZechColdwell Banker Commercial RealtyMore Info
831-247-3007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.