1805 Ionian

San Diego, CA, 92154

For Sale $704,999

4beds
2baths
1,269sqft
0.14acre

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.

Listing agent:

Matthew DeLine

License #01709463

Keller Williams Realty

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1805 Ionian is a Residential Single Family Residence property located in San Diego, California, featuring a 0.140 acre lot, 1,269 sqft, 4 bedrooms, 2 full baths, MLS #NDP2507089.

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Data last modified: 2025-08-21 20:45:42