For sale
  • Listing Provided by: 

    Matthew DeLine DRE #01709463 matt@delinerealty.com,

    Keller Williams Realty

    $704,999

    1384 Frauline Dr, San Diego, CA 92154

    3beds
    1,444sqft
    : 
    Single Family Residence
    Built in 1980
    5,227.2 Square Feet Lot
    $708,700 Zestimate®
    $488/sqft
    $-- HOA

    What's special

    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.
    77 days
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    1,248
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    33
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