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 #:
NDP2507089
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92154otaymesa
Listed Date:
Jun 25, 2025
Finished Sq Ft:
1,269
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1961
See this Listing
Schools
School District:
Sweetwater Union
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
- Address1805 Ionian Street San Diego CA
- Neighborhood92154 – Otay Mesa
- CitySan Diego
- CountySan Diego
- Zip Code92154
Subdivisions in San Diego
- Bay Park
- Bayside BS
- Bonita
- Bonsall
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casablanca CSB
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- College Grove
- Coronado Shores
- Coronado Village
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- Crown Point CP
- Del Cerro
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- DWTN
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- East San Diego
- East Village 400
- Encanto
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- Logan Heights
- Marbella MB
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- Mission Greens R1 MG
- Mission Hills
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- Old Town
- olive street
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- Park Villas South
- PL
- Point Loma
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- Rancho Bernardo
- Rancho Pacifica 1 261701
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- Sonoma Tract 8 1118
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- Spring Valley
- Stonebridge 3700
- Talmadge
- The Cottages COTT
- Tierrasanta
- Torrey Highlands
- UC
- University City
- University Heights
Market Summary
Current real estate data for Single Family in San Diego as of Oct 20, 2025
1,176
Single Family Listed
131
Avg DOM
785
Avg $ / SqFt
$1,637,124
Avg List Price
Property Summary
- 1805 Ionian Street San Diego CA is a Single Family for sale in San Diego, CA, 92154. It is listed for $705,000 and features 4 beds, 2 baths, and has approximately 1,269 square feet of living space, and was originally constructed in 1961. The current price per square foot is $556. The average price per square foot for Single Family listings in San Diego is $785. The average listing price for Single Family in San Diego is $1,637,124.
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1805 Ionian Street
San Diego, CA