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74 photos
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$2,820,000
Est. payment /mo
8,468 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2507086
HOA Y/N No
Year Built 1986
Lot Size 8,468 Sqft
Property Description
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. This listing features all four homes and pictures of all. Addresses: 1384 Frauline Dr, San Diego; 1382 Tobias Dr, Chula Vista; 1805 Ionian St, San Diego; 5979 Harps Ct, San Diego.
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning R-1:SINGLE FAM-RES
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard, Cul-De-Sac, Front Yard
Story 1
Sewer Public Sewer
Others
Senior Community No
Tax ID 5496511100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Matthew DeLine Keller Williams Realty matt@delinerealty.com