410 E Olive St, San Marcos, CA 92069
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410 E Olive St San Marcos, CA 92069

$4,500,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$4,500,000 Get Pre-Qualified

Map preview of 410 E Olive St, San Marcos, CA 92069

Property Overview: 410 E Olive St San Marcos, CA has -- bedrooms, -- bathrooms, -- living square feet and 141,134 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Ch. (Linda) Tumen | BRE #01841076 | One Properties
Co-listed by Sung Yi | BRE #00808681 | One Properties
Last checked: 15 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 320
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Home details

Lot Sq. Ft
141,134
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
23299313
City
San Marcos
County
San Diego
Time on Site
284 days

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Property Details for 410 E Olive St

Lot Details / Garage and Parking
Property Information
  • Has View
  • Parcel Number: 1820761900
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: It's located in Twin Oaks Valley Road between Mulberry Dr & Sycamore Dr.,
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Sale History for 410 E Olive St

Last sold for $750,000 on August 18th, 2014
  • December, 2023

  • Dec 29, 2023

    Date

    Expired

    CRMLS: 23303179

    $4,500,000

    Price

  • Jun 28, 2023

    Date

    Active

    CRMLS: 23303179

    $4,500,000

    Price

  • Listing provided courtesy of CRMLS

    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. DTLA Flower Store is 10,000 sqft, 2 Consignment booths in the Flower District of DTLA, Greenhouse is approximately 3.24 AC. in San Marcos. The Only Orchid Production in Southern CA last 20 years. Asking Price is $4.5MM (including $1.1MM) with $1.6MM downpayment. New Bank loan $2.9MM will be available to a qualified buyer.

  • June, 2023

  • Jun 28, 2023

    Date

    Active

    CRMLS: 23299313

    $4,500,000

    Price

  • August, 2018

  • Aug 9, 2018

    Date

    Sold

    CRMLS: 140015344

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Ready to Grow!!!! McLane's Nursery is a fully functional Greenhouse property including 53,500 Square feet of greenhouse in well maintained condition. Property is currently used for flower production. The property is zoned Agricultural and has 4 permitted greenhouses. Well maintained. Includes: Office w Restroom, 1.5 Water Meter with 150 Llbs water pressure and Sediment Filter System. Natural Gas Plumbed, All Heated and Evaporator Cooled, Drip Irrigation Systems, 5 Refrigerated Containers, Single and 3-Phase Electric, Includes Equipment: Bobcat, Sprayer, Misc. Tools. Ready to Grow!!!!

  • August, 2014

  • Aug 18, 2014

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

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Tax History for 410 E Olive St

Assessed Value (2020): $824,198
Year Land Value Improved Value Assessed Value
2020 $412,099 $412,099 $824,198

Home Value Compared to the Market

This property vs the competition

410 E Olive St is listed 316.67% higher than the median list price for the city of San Marcos which has a median list price of $1,079,999.

About 410 E Olive St

Detailed summary of property

410 E Olive St is a land located in San Marcos, CA 92069 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 141,134 square foot lot. 410 E Olive St was first listed on ArdentRealEstateGroup.com on August 9, 2023. The homeowner is currently asking $4,500,000. The median priced home in San Marcos is $1,079,999 with a median price per square foot of $546. Based on Ardent Real Estate Group's San Marcos Market Data, this home is listed 316.67% higher than the median priced home. Local competing homes currently for sale include 2756 Avalon St, 7500 hellman and 0 S Washington. While the average home in San Marcos, CA is selling in 39 days, 410 E Olive St has a days on market of 320 days. There are currently 197 homes for sale in the San Marcos real estate market and 146 of them are single family homes while 27 of them are condos and 24 are townhomes. For more information on this home for sale at 410 E Olive St San Marcos, CA 92069 contact Ardent Real Estate Group and we will put you in touch with one of our San Marcos agents.

Public Facts for 410 E Olive St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
141,134
Stories
--
Type
Horticulture, Growing Houses, Ornamental (Agricultural)
Pool
No
Spa
No
County
San Diego
Lot#
2
APN
182-076-19-00

The source for these homes facts are from public records.

92069 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$979,000
Median List Price/Sq.Ft.
$522
Median Sold Price
$940,000
Median Sold Price/Sq.Ft.
$557
Total Inventory
86
Median Sale to List Price %
104.56%
Avg Days on Market
12
Loan Type
Conventional (76.92%), FHA (7.69%), VA (7.69%), Cash (3.85%), Other (3.85%)

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Related Resources to 410 E Olive St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.