3
Bedrooms
Sold for $2,820,000 · Nov 2025
SOLDListed at $704,999
San Diego, CA
MLS# NDP2507088
Matthew DeLine
Listing Agent
Keller Williams Realty
DRE #: 01709463
Brokerage: Keller Williams Realty
3
Bedrooms
2
Bathrooms
1,444 sqft
Square Feet
1980
Year Built
5,227 sqft
Lot Size
$1,953
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
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.
Listing description from the November 2025 sale, as reported to CRMLS.
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2 recorded sales
1384 Frauline Drive sold for $2,820,000 in November 2025, 300% over its $704,999 list price, after 80 days on the market. It was first listed at $705,000. That works out to $1,953 per square foot on 1,444 square feet. Across 230 closed sales in 92154 over the last 12 months, the median sold price is $712,500 and the median is $440 per square foot, 77% below this sale's $1,953.
| Quarter | Closed sales in 92154 | Median sold price |
|---|---|---|
| Q1 2026 | 27 | $690,000 |
| Q2 2026 | 93 | $715,000 |
| Q3 2026 | 93 | $720,000 |
| Q4 2026 | 17 | $720,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Diego · Homes for sale in 92154
Closed sales reported in 92154, nearest first, last 12 months. All recent sales in San Diego →
1384 Frauline Drive
Contact Matthew DeLine
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Contact Listing Agent
Keller Williams Realty
DRE #01709463
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