1805 Ionian Street, San Diego, CA 92154

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
1805 Ionian Street,San Diego, CA 92154
$705,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 1,269 sq. ft.
  • Single family
  • Active
Listed by:matthew deline
Office:keller williams realty
MLS#:NDP2507089
Source:SANDICOR

Price summary

  • Price:$705,000
  • Price per sq. ft.:$555.56

About this home

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.

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Home facts

  • Year built:1961
  • Listing Id #:NDP2507089
  • Added:22 day(s) ago
  • Updated:August 17, 2025 at 02:10 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,269 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air

Structure and exterior

  • Year built:1961
  • Building area:1,269 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$705,000
  • Price per sq. ft.:$555.56
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