Seller represented by:
Matthew DeLine with Keller Williams Realty

Active
Single Family Residence

1384 Frauline Drive, San Diego, CA 92154 1384 Frauline Drive Get directions

$705,000

3 Beds 2 Baths 1,444 Sq.ft. 5,227 Acre Lot

Age 45 Years
Parking 2 car garage

MLS# NDP2507088
Listed June 25, 2025

Overview

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.

Features

Laundry Features

In Garage

Cooling

Central Air

Heating

None

Fireplaces

Has Firepace: No

Fireplace Features

None

Pool and Spa

None

Private Pool: No

Lot

Back Yard

Front Yard

Level

0.12 acres

Lot Size: 5227.2 sq ft

Lot Size Area: 0.12

Garage and Parking

Attached

Parking Total: 2

Garage Spaces: 2

Garage: Yes

Attached Garage: Yes

Property

View: Neighborhood

Community Features

Curbs

Suburban

Sidewalks

Sewer

Public Sewer

We're sorry we have no data related to schools for this listing.

Name

Phone

What can I help you with?

Matthew DeLine
Real Estate Consultant
Keller Williams 6005 Hidden Valley Rd. Suite 250, Carlsbad, CA 92011
Mobile (619) 736-0226
Email matt@delinerealty.com
Areas Served San Diego County
Specializations Luxury, Probate, Estate, Trust & Conservatorship, Apartment, Land, Development, Buyers and Sellers

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