Certainly a Eucalyptus; finding out which one won't be easy (there's over 500 species!).

Resin

I'm no expert, but my suggestion is E. maculata (spotted gum)
It looks like the flowers are in groups of three on panicles separate from the leaves, and are pedicellate. The capsules look roughly urn-shaped with deeply enclosed valves. The bark looks almost right.
These days it is called Corymbia maculata, but who knows, it might revert to eucalyptus some time in the future.

{{gwi:406222}}

Phil,

Thank You. I looked up the spotted gum, and it does sound and look a lot like it. For now I will go with that until someone tells me otherwise. With so many Eucalyptus species out there I am not 100% convinced. The thing that makes me slightly unsure is that on many websites it says that it flowers from Winter to Spring, but it's flowerig now and it's the middle of Summer.

There is one other really interesting feature about where it is planted on the property. In some mornings if there is a light breeze and the sun hits it just right, from the bedroom window as I wake up, it glistens(shines) with a flicker of gold/bronze from the leaves. A very interesting view.

Drew

Drew, as it happens I was WRONG, WRONG, WRONG. It is not a Corymbia at all, but Eucalyptus cladocalyx (sugar gum). Apparently it is common in California, but being native to South Australia, I've never seen one.
I checked it with my expert friend Gus from Spain on Hardy Eucalyptus Board. The capsules are actually too narrow for C. maculata, even though they are the same general shape. Apparently the buds of sugar gum grow in clusters of 7 or more from a single point, which then becomes a peduncle as it grows out from the stem. The bark is also not a perfect match with C. maculata, being not as closely mottled.
Here is a useful link:http://bp2.blogger.com/_3uQiDL3c53s/SJNAmFMNTRI/AAAAAAAAAzM/9qSdoNoarn4/s1600-h/GIT_Forestry_Eucalyptus_Identification_Sugar_Gum.jpg

I have a photo at home of C. maculata buds and they are more elaborate in the way they are arranged. Unfortunately I can't show you, but they have a leafless stem in which about five peduncles grow out. Each peduncle is then subdivided into three pedicles with a bud atached to each. Therefore, the design looks much grander than in eucalypts.

http://members3.boardhost.com/eucalyptus/

Here's the first of Phil's links made clickable . . .

Here is a link that might be useful: {{gwi:406221}}

And the other . . .

Here is a link that might be useful: Eucalyptus board