138 San Miguel Canyon Rd - 138 & 120 San Miguel Canyon Rd. 35 Ag Acres 35 Acres of Agricultural Land Offered at $4,366,112 CAD in Royal Oaks, CA 95076

Seller owns two contiguous properties; 120 San Miguel Canyon Rd $1.5M and 138 San Miguel Canyon $1.7M will sell together or individually. Ag wells are cared for and maintained by commercial farming tenant per Ag regulations.
138 San Miguel CanyonRd: Classic early 1900's farmhouse and 15 acres of organic crop land. Main house has 1,459 sq. ft. single story house with 3 bedrooms and 2 full baths. The non-conforming farm worker house has 3 bedrooms and 1 bath. An additional non-conforming farm worker housing unit is a 2-bedroom, 1 full bath trailer. There is a 2,100 approximate sq. ft. metal building with 3 large roll up doors, 18+ foot ceiling, has power, and a side single entry door. The parcel size is 15 acres of organic agricultural land with a producing Ag well plus a domestic well for the dwellings. The Ag crop land is being leased to a well-known local Ag grower as additional annual income. Lease expires in 2027. This property enjoyed many years as an investment property as a rental. When the dwellings were rented, the annual revenue was approx. $8,500 per mo. plus Ag lease income of $2,166 per month, plus 2,100 sq. ft. metal building can rent for at least $1,500 per mo. total estimated property income $12,166 per mo.
CURRENT LIST PRICE INCLUDES TWO SEPARATE PARCELS. EACH CAN BE PURCHASED SEPARATELY.
120 San Miguel Canyon Rd. 1,845 sq. ft. early 1900's single story farmhouse. 4 bedrooms, 2 bath. (can rent for $4,500 mo. plus the Ag lease of approx. 2,166 per mo. plus barn rental of $500 per mo. total rental income of $7,166 per mo. Classic aged period oak wood floors, large farm style family kitchen with walk-in pantry, inside laundry. One car garage, 1,500 sq. ft. (approx.) barn, tall grain silo, and an additional outbuilding. Recent paint outside, inside is primed and ready for the buyer to choose colors. This property is 20+ acres of organic agricultural land with a good producing Ag well, and a good producing domestic well for the house. The Ag portion of the property is leased, generating annual income and expires in 2027 to a very well-known organic grower. The property next door 138 San Miguel Canyon Rd. is also for sale, offers a 3 bedroom 2 bath house, plus two non-conforming farm-workers space, an office and a large metal building on 15 organic acres of farmland also being leased.
Both properties combined have an estimated monthly income $19,332 per mo.