- 4 beds
- 2 baths
- 1,880 sqft
- 8,276 sqft lot
- $375 per sqft
- 1986 build
- – on site
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.
Last checked:
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Last updated Jul 18, 2025
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MLS# NDP2507091 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1986
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Year Built Source:Assessor
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Levels:One
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Entry Location:main
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Room Type:Kitchen, Living Room
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Living Area Source:Assessor
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:In Garage
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Laundry:1
Room Dimensions
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Living Area:1880.00
Location
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Directions:Please use GPS
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Latitude:32.70061000
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Longitude:-117.06924500
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:R-1:SINGLE FAM-RES
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Lot Features:Back Yard, Cul-De-Sac, Front Yard
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Lot Size Area:0.1900
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Lot Size Acres:0.1900
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Lot Size SqFt:8276.40
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fence:No
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Sprinklers:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:009432
Beds
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Total Bedrooms:4
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5496511100
Heating & Cooling
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
Appliances
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Included:No
Schools
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High School District:San Diego Unified
The Community
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Units in the Community:Yes
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Features:Curbs, Sidewalks, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:No
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Parking Spaces:2.00
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Attached Garage:Yes
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Garage Spaces:2.00
Monthly cost estimate

Asking price
$705,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,775
|
Taxes | N/A |
Insurance | $193 |
Utilities | $243 See report |
Total | $4,211/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/18/25
Jul 18, 2025
|
Listed / Active | CRMLS_CA | $705,000 | 51.9% (7.0% / YR) |
2/28/18
Feb 28, 2018
|
CRMLS_CA | $464,000 |

47% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $91k over asking price.