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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.
| Address |
1382 Tobias
Chula Vista, CA 91911 |
| Listing Status | Active |
| Asking Price | $705,000 |
| Original Listing | $705,000 @ 2025-07-18 |
| Age Restriction | 0 |
| Property Type | |
| Mello-Roos Fee | None Listed |
| HOA Fee | $0 |
| HOA Features | Curbs, Sidewalks, Street Lights |
| Square Footage | Not Disclosed |
| Bedrooms | 3 |
| Full Bathrooms | 3 |
| Directions | Please use GPS |
| Market Area | 91911 - Chula Vista |
| School District | Not Listed |
| County | San Diego |
| Assessor Parcel# | 6193413700 |
| Zoning | R-1:SINGLE FAM-RES |
| Geographic Areas | |
| Highway Locator |
East of I-5 South of I-8 West of I-805 South of SR-52 |
| Ocean Distance | 7.3 miles |
| Year Built | 1980 (source: Assessor) |
| Laundry Location | In Garage |
| Elevator | Not Listed |
| Cooling | Central Air |
| Heating | |
| Sewer/Septic | Public Sewer |
| Fireplaces | None (0) |
| Appliances | No |
| Assessments | Yes |
| Association | No |
| Attached Garage | Yes |
| Common Walls | No Common Walls |
| Cooling | Yes |
| Entry Location | main |
| Heating | No |
| High School District | Sweetwater Union |
| Land Lease | No |
| Laundry | Yes |
| Levels | One |
| Living Area Source | Assessor |
| Lot Features | Back Yard, Front Yard |
| Lot Size Source | Assessor |
| Lot Size Units | Acres |
| Parking | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| Tax Model | |
| View | Yes |
| Platform | CRMLS |
| AOR | North San Diego County |
| MLS Number | NDP2507090 |
| Courtesy of | Keller Williams Realty |
| Listing Agent |
Matthew
DeLine
matt@delinerealty.com |
https://www.delmarvalley.com/NDP2507090
| Style | Single Family Residence |
| Material | Not Listed |
| Lot Size | ~ 5,663 sf |
| Fencing | Not Listed |
| Topography | Not Listed |
| Entry Steps | 1 |
| Swimming Pool | None |
| Exclusive Yard | 0 |
| Parking |
Total Spaces: 2.00
Garage Spaces: 2.00
Non-Garage Spaces:
0 -
|
| View | Neighborhood |