Single-family home · 3 recorded sales since 2018
Listing Agent: Matthew DeLine (DRE #01709463) · Listing Office: Keller Williams Realty · Contact: matt@delinerealty.com · Bought with: Matthew DeLine · Keller Williams Realty · MLS #NDP2507091 · Source: CRMLS
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.