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
Address:
1805 Ionian Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92154otaymesa
City:
San Diego
Listed Date:
Jun 25, 2025
State:
CA
Finished Sq Ft:
1,269
ZIP:
92154
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1961
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Schools
School District:
Sweetwater Union
Interior
Cooling
Central Air
Fireplace Features
None
Exterior
Community Features
Curbs, Sidewalks, Suburban
Garage Spaces
2.00
Lot Features
Back Yard, Front Yard
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
Neighborhood
Financial
Association Fee
0.00
Map
Community
- Address1805 Ionian Street San Diego CA
- Area92154 – Otay Mesa
- CitySan Diego
- CountySan Diego
- Zip Code92154
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1805 Ionian Street
San Diego, CA
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