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1384 Frauline Dr, San Diego, CA 92154

List Price: $705,000On Market FlagOn market
Jul 18, 20251,444 sqft3 beds2 baths
Listed by: Matthew DeLine
License #: 01709463
Phone #: 619-736-0226
Keller Williams Realty
Source:
CRMLS Logo
MLS #: NDP2507088

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$12,063

TurboHome Estimated Value

$754,600

$523 sqft

High Valuation
$792,330
$549/sqft
Normal Valuation
$754,600
$523/sqft
Low Valuation
$716,870
$496/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$523/sqft$754,600

Neighborhood: Nestor

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Comparative Value

$705K

$775K

$800K

$800K

1384 Frauline Dr, San Diego, CA 92154

List Price: $705,000

Subject Property

2231 Hemlock Ave, San Diego, CA 92154

Sale Price: $707,000

Selected Comparable

2125 Hofer Dr, San Diego, CA 92154

Sale Price: $775,000

Selected Comparable

1175 Rhine St, San Diego, CA 92154

Sale Price: $775,000

Selected Comparable

1276 Switzerland Dr, San Diego, CA 92154

Sale Price: $799,999

Selected Comparable

1431 Green Bay St, San Diego, CA 92154

Sale Price: $799,999

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1384 Frauline Dr, San Diego, CA 92154

1384 Frauline Dr, San Diego, CA 92154

List: $705,000

Listed: 7/18/2025

Area:1,444 sqft
Price/sqft:$488
Beds:3
Baths:2
Year Built:
Lot Size:5,303

Comparable Properties

COMPARABLE
Choose comps
2125 Hofer Dr, San Diego, CA 92154

2125 Hofer Dr, San Diego, CA 92154

Sale: $775,000

9/13/20240.33 mi

Area:1,400 sqft
Price/sqft:$554
Beds:3
Baths:2
Year Built:
Weight:20.6%
1175 Rhine St, San Diego, CA 92154

1175 Rhine St, San Diego, CA 92154

Sale: $775,000

10/9/20240.36 mi

Area:1,400 sqft
Price/sqft:$554
Beds:3
Baths:2
Year Built:
Weight:20.6%
1276 Switzerland Dr, San Diego, CA 92154

1276 Switzerland Dr, San Diego, CA 92154

Sale: $799,999

10/28/20240.17 mi

Area:1,539 sqft
Price/sqft:$520
Beds:3
Baths:2
Year Built:
Weight:20.6%
1431 Green Bay St, San Diego, CA 92154

1431 Green Bay St, San Diego, CA 92154

Sale: $799,999

1/29/20250.18 mi

Area:1,204 sqft
Price/sqft:$664
Beds:3
Baths:2
Year Built:
Weight:19.6%
2231 Hemlock Ave, San Diego, CA 92154

2231 Hemlock Ave, San Diego, CA 92154

Sale: $707,000

10/4/20240.33 mi

Area:1,200 sqft
Price/sqft:$589
Beds:3
Baths:2
Year Built:
Weight:18.6%

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