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Listed by Matthew DeLine • Keller Williams Realty
$ 2,820,000
Est. payment | /mo
8,466 Sqft Lot
$ 2,820,000
Est. payment | /mo
8,466 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNDP2507086
Year Built 1986
Lot Size 8,466 Sqft
Property Sub-Type Fourplex
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. 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
Interior
Laundry Other
Exterior
Garage Spaces 4.0
Pool None
Building
Lot Description Corners Marked
Others
Tax ID 5496511100
Special Listing Condition Not Applicable
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Ben Dodge
REALTOR® | Lic# DRE 01959374