1384 Frauline Drive, Property Listing: MLS® #NDP2507088

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.

1384 Frauline Drive, Property Listing: MLS® #NDP2507088 Close
Page Summary
  • 619-987-4851
REDUCED
  • MLS® #: NDP2507088
  • 1384 Frauline Drive
  • , CA 92154
  • $704,999
  • 3 Beds, 2 Bath, 1444 SqFt, 0.12 Acres
  • Office: Keller Williams Realty

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.

Supplemental Remarks

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Essential Information

  • MLS® #NDP2507088
  • Listing Price$704,999
  • List Price per Square Foot$488.23
  • Date ListedJune 25th, 2025
  • Days on Market57
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,444
  • Acres0.12
  • Lot Sq.Ft.5,227
  • Garage Parking2
  • Year Built1980
  • TypeResidential
  • Sub-TypeDetached
  • StatusActive

Community Information

  • Address1384 Frauline Drive
  • AreaOTAY MESA (92154)
  • SubdivisionSwiss Estates
  • CountySan Diego
  • StateCA
  • Zip Code92154

Amenities

  • Parking Spaces2
  • ViewNeighborhood
  • PoolN/K

Interior

  • CoolingCentral Forced Air
  • FireplacesN/K
  • # of Stories1
  • Stories1 Story

Exterior

  • Lot DescriptionCurbs,Sidewalks
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Listing information last updated on August 28th, 2025 at 10:25am PDT.