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Listed by Matthew DeLine • Keller Williams Realty
$ 705,000
Est. payment | /mo
3 Beds
3 Baths
1,455 SqFt
$ 705,000
Est. payment | /mo
3 Beds
3 Baths
1,455 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,455 sqft
Price per Sqft $484
MLS Listing ID CRNDP2507090
Bedrooms 3
Full Baths 3
Year Built 1980
Property Sub-Type Single Family Home
Source California Regional MLS
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. 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.
Location
State CA
County San Diego
Area 91911 - Chula Vista
Zoning R-1:SINGLE FAM-RES
Interior
Cooling Central AC
Fireplaces Type None
Laundry In Garage
Exterior
Garage Spaces 2.0
Pool None
View Local/Neighborhood
Building
Story One Story
Others
Tax ID 6193413700
Special Listing Condition Not Applicable
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2507090
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Dave Lucas
REALTOR® | Lic# 02092197