Three Buildings. Five Unit Compound. Discover a hidden gem in Coronado, a charming, character-rich 1928 Spanish Revival multi-unit property in one of Coronado's most sought-after locations. Well maintained and updated interiors, on a 6,969± sq. ft. lot. BUILDING 1: 2BD/1BA cottage w/ private yard/patio/entrance (approx 800 SF), BUILDING 2: 2BD/1BA… Read More cottage (approx 700 SF), BUILDING 3: TWO additional 2bd/1BA Units (approx 725 SF each) above 1BD/1Ba (approx 650 SF). With 4 garages, the property is just two blocks from Orange Avenue's shops and restaurants and a short distance to Coronado Beach and the famous Hotel Del Coronado. Enjoy its charm as an income-producing asset or explore redevelopment potential (buyer to verify) - endless possibilities! SEE Supplement Rare Offering in the Heart of Coronado! This exceptional 1928 Spanish Revival property presents a unique opportunity to own a character-rich multi-unit compound in one of Coronado's most desirable locations. Situated on a 6,969± sq. ft. lot, the property consists of five well-maintained units totaling approximately 3,650± sq. ft. The unit mix includes 3 buildings. BUILDING 1: 2BD/1BA cottage w/ private yard/patio/entrance (approx 800 SF), BUILDING 2: 2BD/1BA cottage (approx 700 SF), BUILDING 3: TWO additional 2bd/1BA Units (approx 725 SF each) above 1BD/1Ba (approx 650 SF) and a four-car garage offering valuable parking and storage. Ideally located just two blocks from Orange Avenue's shops, restaurants, and amenities, and a short distance to Coronado Beach and famous Hotel del Coronado. Continue as a strong income-producing investment, create a private family compound, or explore the property's exceptional value-add and redevelopment potential (buyer to verify all possibilities). Read Less
Property listed by Berkshire Hathaway HomeService, Paulette Fennello 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Lot Size
0.16 Acres
Year Built
1928
MLS Number
260014975SD
Additional Details
Building
Built in 1928, 3 buildings, Levels: MultiSplit
Community
Park Name: None
Cooling
SeeRemarks, WallWindowUnits
Heating
SeeRemarks
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $217,200, Net Operating Income: $180,200
Lot
0.16 acres, Dimensions: 139x50
Taxes
Parcel Number: 5373421800
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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