For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,820,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,455 sqft
Price per Sqft $1,938
MLS Listing ID CRNDP2507090
Sold Date 11/19/25
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1980
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Single Family Residence
Property Description
Investment Opportunity - Excellent chance to acquire four single-story investment homes, each leased by a national leader in care services for individuals with disabilities. All four properties to be sold and purchased as a bundle. Each home generates $42,303 in annual rental income for a total of $169,212 per year and a 3% annual increases per year. The 5-year lease is backed by a strong national adult care facility, ResCare Bright Spring. Tenant is responsible for utilities, general maintenance, and landscaping. The property owner is responsible for structural maintenance. Bundle Price for all 4 properties: $2,820,000. Please see MLS# NDP2507086 for all four residential income listing. Addresses: 1384 Frauline Dr, San Diego; 1382 Tobias Dr, Chula Vista; 1805 Ionian St, San Diego; 5979 Harps Ct, San Diego.
Location
State CA
County San Diego
Zoning R-1:
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry In Garage
Exterior
Exterior Feature Back Yard, Front Yard
Garage Spaces 2.0
Pool None
View Y/N true
View Other
Total Parking Spaces 2
Private Pool false
Building
Lot Description Back Yard, Street Light(s)
Story 1
Level or Stories One Story
New Construction No
Schools
School District Sweetwater Union High
Others
Tax ID 6193413700
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with MatthewDeline