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Sara Driscoll

sara@saradaryl.com +1(858) 336-5643

$ 705,000

Est. payment -/mo

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1805 Ionian ST San Diego, CA 92154

4 Beds

2 Baths

1,269 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,269 sqft

Price per Sqft $555

MLS Listing ID NDP2507089

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1961

Lot Size 6,098 Sqft

Property Sub-Type Single Family Residence

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 92154 - Otay Mesa

Zoning R-1:SINGLE FAM-RES

Interior

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Suburban, Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story 1

Entry Level One

Sewer Public Sewer

Level or Stories One

Schools

School District Sweetwater Union

Others

Senior Community No

Tax ID 6332630800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Matthew DeLine Keller Williams Realty matt@delinerealty.com

Sara Driscoll

Broker Associate | CA DRE#00988097

+1(858) 336-5643

Sara Driscoll

1805 Ionian ST San Diego, CA 92154

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1805 Ionian ST