1805 Ionian Street San Diego CA 92154 San Diego

1805 Ionian Street San Diego CA 92154
Price	$ 705,000
Listing ID	NDP2507089
Property Type	Detached
County	San Diego
Beds	4
Baths	2
House Size	1269
Year Built	1961
Days on website	33

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

Financial Information

List Price: $ 705000

Property Features

Sewer: Public Sewer

View: Neighborhood

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Last Updated On: Sunday, July 27, 2025 6:04 AM