1384 Frauline Drive, San Diego, CA 92154
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
Listed by:matthew deline
Office:keller williams realty
MLS#:CRNDP2507088
Source:CA_BRIDGEMLS
Price summary
- Price:$705,000
- 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 #:CRNDP2507088
- Added:27 day(s) ago
- Updated:August 15, 2025 at 02:32 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,444 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1980
- Building area:1,444 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$705,000
- Price per sq. ft.:$488.23
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