1384 Frauline Drive, San Diego, CA 92154

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1384 Frauline Drive,San Diego, CA 92154
$704,999
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,444 sq. ft.
  • Single family
  • Active
Listed by:matthew deline
Office:keller williams realty
MLS#:NDP2507088
Source:San Diego MLS via CRMLS

Price summary

  • Price:$704,999
  • Price per sq. ft.:$488.23

About this home

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.

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Home facts

  • Year built:1980
  • Listing ID #:NDP2507088
  • Added:70 day(s) ago
  • Updated:October 04, 2025 at 02:00 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,444 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air

Structure and exterior

  • Year built:1980
  • Building area:1,444 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$704,999
  • Price per sq. ft.:$488.23
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