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410 E Olive St, San Marcos, CA, 92069

$4,500,000

3.24 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #23299313
Lot Size3.24 Acres
StatusActive

About 410 E Olive St

Orchid Greenhouse is a fully functional and in well maintained condition. Property is currently used for Orchid flower production. The property is zoned Agricultural and has 4 permitted greenhouses. This property to be sold together with Fully Set Up only One in So. CA "Orchid" downtown flower business. Asking Price is $4.5MM (both business/real estate) including $1.3 MM inventory. Flora Caly was founded in the Flower District of DTLA about 20 years ago. Flower Clay is located at 766 San Julian Street, Los Angeles, CA 90014, and the Orchid Greenhouse is in San Marcos, CA. Flora Clay imports a baby orchid from Taiwan, cultivates it, and produces a commercial orchid in 6 months. Then, deliver them to DTLA and San Diego area. Flora Clay is the only "Orchid" supplier in Southern California, and there is still room for growth. The founder is planning to retire. DTLA's gross sales approximately $2.3MM in the first six months, while San Marco's is around $1.1MM. The second half of the year is often busier with larger gross revenues. DTLA has 13 employees/San Marcos has 11 employees. Flora Clay has been supplying orchids to two consignments in the Flower District of DTLA on monthly basis for the last 17 years.

Property Details

Property Features

Listing Office:

  • Office Name: One Properties
  • Office Phone: (213) 252-9100
  • Listing Agent: Ch. (Linda) Tumen

Lot Features

Lot Information:

  • Lot Size: 3.24 Acres

Other

Directions Information:

  • Directions: It's located in Twin Oaks Valley Road between Mulberry Dr & Sycamore Dr.,

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000

Tax Information:

  • Annual Amount: $12,168
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Marcos, CA.

Med. Sold Price

$943K

Med. Price/SqFt

$553

Avg. Days On Market

38

# of Sold Homes

50

410 E Olive St vs San Marcos

499 DAYS ON ROCKET

+461 Days

$4,500,000

+$3.5M More

KEY TAKEAWAY

This property is $3.5M more than the Median Sold Price in San Marcos, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23299313

Listing Office:

  • Office Name: One Properties
  • Office Phone: (213) 252-9100
  • Listing Agent: Ch. (Linda) Tumen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2014Home Sold
$750,000
Mar 12, 1991Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,168$832,736
2020$12,168$824,198
2019$11,624$808,038
2018$11,624$792,196
2017$11,378$776,664

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-836979
6
/10
  • Twin Oaks Elementary School

  • 1 Cassou Rd

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-836980
7
/10
  • Richland Elementary School

  • 910 Borden Rd

  • 1.74 miles

  • Public District Grades KG-5

school-card-donut-836981
7
/10
  • Paloma Elementary School

  • 660 Camino Magnifico

  • 2.57 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,245. The majority of San Marcos, CA residents have income between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 410 E Olive St

What is the listing price of this property?

The listing price of 410 E Olive St property is $4,500,000.

What type of property is this?

The property 410 E Olive St is land located in San Marcos, California, 92069.

Is this property for sale now?

Active Listing: 410 E Olive St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,168 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 18, 2014 for $750,000. (source: MLS/tax record).

How much acreage is this property?

The property 410 E Olive St is 3.24 acres.
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Rocket HomesCaliforniaSan Diego CountySan Marcos92069410 E Olive St

This home is located at 410 E Olive St in San Marcos, CA and zip code 92069. This home sits on a 3.24 acre lot. It has been listed on Rocket Homes since August 10, 2023 and is currently priced at $4,500,000.

In November 2024, from all listings sold in San Marcos, CA there were more than 7 sold above asking price, over 33 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in San Marcos, CA between October 2024 and November 2024 decreased by 12.2%. The median list price of listings available in November 2024 was $943,000, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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