SoldNov 19, 2025

Listed and Bought with Matthew DeLine from Keller Williams Realty

Source: California Regional Multiple Listing Service, Inc #NDP2507089

1805 Ionian St, San Diego, CA, 92154

$2,820,000

4
2
2
1269 sq. ft.
6098.4 sq. ft.

SingleFam

•

30+ days on the market

Sold: Nov 19, 2025

What's around 1805 Ionian St

About this property

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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