$2,820,000
$704,999
300.0%For more information regarding the value of a property, please contact us for a free consultation.
1384 Frauline DR San Diego, CA 92154
3 Beds
2 Baths
1,444 SqFt
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 1,444 sqft
Price per Sqft $1,952
MLS Listing ID NDP2507088
Sold Date 11/19/25
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1980
Lot Size 5,227 Sqft
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
Area 92154 - Otay Mesa
Zoning R-1:SINGLE FAM-RES
Interior
Interior Features Bedroom on Main Level
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Suburban, Sidewalks
View Y/N Yes
View Neighborhood
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Lawn, Level
Story 1
Entry Level One
Sewer Public Sewer
Level or Stories One
Schools
School District San Diego Unified
Others
Senior Community No
Tax ID 6333840700
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Matthew DeLine Keller Williams Realty