1050 Adella Avenue

Coronado, CA 92118
$4,700,000
Welcome to Adella Apartments 1042 1050 Adella Avenue. This 1909 vintage residence offers a unit mix consisting of 2 -Studios and 4, 1- Bedroom apartment residences as grandfathered use. Currently zoned as an R-1 Residential property. An investment in a unique opportunity to acquire a premier location and an incomeRead MoreRead Less
Property listed by Ascent Real Estate, Penny Nathan 310-259-7556
Listing Snapshot
Days Online
4
Last Updated
Lot Size
0.14 Acres
Year Built
1909
MLS Number
NDP2604237
Property Location Map
Additional Details
Building
Built in 1909, 2 buildings, 2 stories, Entry level: 1, Entry location: curb
Community
Biking, Curbs, DogPark, Golf, Park, StormDrains, StreetLights, Sidewalks
Expenses
Electric: $3,800, Insurance: $12,000, Operating: $40,000, Trash: $1,200, Water/Sewer: $3,000
Home Owner's Association
Association Fee: $0
Income
Gross Income: $168,600, Gross ScheduledIncome: $140,000, Net Operating Income: $100,000
Laundry
CommonArea, SeeRemarks
Lot
0.1376 acres, FrontYard, IrregularLot, Lawn, Level, StreetLevel, ZeroLotLine
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5374620600, Lot: 6/13,14, Zoning: R1
Utilities
5 separate electric meters, 5 separate gas meters, 5 separate water meters
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Monthly Payment
$0
Michael Harby
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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.