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.
Property Details
Price:
$705,000
MLS #:
NDP2507088
Status:
Active
Beds:
3
Baths:
2
Address:
1384 Frauline Drive
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92154otaymesa
City:
San Diego
Listed Date:
Jun 25, 2025
State:
CA
Finished Sq Ft:
1,444
ZIP:
92154
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1980
See this Listing
Mortgage Calculator
Schools
School District:
San Diego Unified
Interior
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Laundry Features
In Garage
Exterior
Community Features
Curbs, Sidewalks, Suburban
Parking Spots
2.00
Financial
Map
Community
- Address1384 Frauline Drive San Diego CA
- Area92154 – Otay Mesa
- CitySan Diego
- CountySan Diego
- Zip Code92154
Similar Listings Nearby
- 690 False Point Road
Chula Vista, CA$914,999
4.48 miles away
- 1568 Larkhaven Dr
Chula Vista, CA$900,000
3.28 miles away
- 169 Madrona Street
Chula Vista, CA$900,000
4.90 miles away
- 972 Maria Way
Chula Vista, CA$900,000
4.40 miles away
- 2840 Donax Ave
San Diego, CA$900,000
1.28 miles away
- 5836 Vista San Guadalupe
San Diego, CA$899,999
4.90 miles away
- 50 Tamarindo Way
Chula Vista, CA$899,990
2.91 miles away
- 535 12th St
Imperial Beach, CA$899,900
1.48 miles away
- 1519 Marble Ct
Chula Vista, CA$899,000
3.78 miles away
- 1158 Oasis Ave
Chula Vista, CA$899,000
4.61 miles away

1384 Frauline Drive
San Diego, CA
LIGHTBOX-IMAGES