1382 Tobias Drive Active

Chula Vista,CA 91911

$ 705000

3 Beds

3 Baths

1455 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,455 sqft

Price per Sqft $484

MLS Listing ID CRNDP2507090

Bedrooms 3

Full Baths 3

Year Built 1980

Lot Size 5,662 Sqft

Property Sub-Type Detached

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

Interior

Cooling Central Air

Fireplaces Type None

Laundry In Garage

Exterior

Garage Spaces 2.0

Pool None

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Building

Lot Description Back Yard,Street Light(s)

Story 1

Schools

School District Sweetwater Union High

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