138 San Miguel Canyon Rd - 138 & 120 San Miguel Canyon Rd. 35 Ag Acres 35 Acres of Agricultural Land Offered at $5,155,264 CAD in Royal Oaks, CA 95076

These two parcels with homes and rental units: 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. Farm style kitchen, walk-in pantry, inside laundry, large classic looking wood barn structure, garage, and additional outbuildings. 138 San Miguel Canyon Rd. is 1,459 sq. ft. 3 bedroom, 2 bath + detached 3 bed, 1 bath guest unit + 3 bed 1 bath 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 current annual income on the two homes and from the leased farm land is approx. $168,000 per year. Land tenant has lease that expires 4/30/2027. Tenants have vacated. 120 San Miguel Canyon rented for $3,000 per month and has more upside available. 138 San Miguel Canyon units rented for $6600 per month combined, 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. Proforma with adding two large buildings and increased rents to current market values exceeds $200K-$225K per year. Come and look at this great upside opportunity. Seller may consider some seller financing.