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$3,295,000
Est. payment /mo
UPDATED:
02/11/2025 04:03 PM
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 250018571SD
HOA Y/N No
Year Built 1984
Property Description
Rare Multi-Unit Investment Opportunity in Prime Coronado Location! Welcome to 248 Orange Ave, Coronado, CA—a charming and versatile four-unit property in the heart of one of San Diego's most sought-after communities. Whether you're looking for an income-generating investment, a multi-generational living solution, or a mix of both, this property offers unmatched potential in an unbeatable location. This multi-unit gem features: ? 2-Bed, 1-Bath Flat – Spacious and bright, perfect for long-term tenants or owner-occupancy. ? 2-Bed, 1-Bath Townhouse – A unique, private unit with a townhome-style layout. ? Studio with Direct Garage Access – Ideal for short-term or long-term rental opportunities. ? 1-Bed, 1-Bath Unit – Great for steady rental income, with a functional and updated layout. Three of the four units have been tastefully renovated, yet all are currently under market value, making this a prime opportunity for investors looking to increase rental income or for an owner-occupant seeking supplemental cash flow. Located on the vibrant Orange Ave corridor, this property offers: ? Walkability – Steps from shops, dining, parks, and the Coronado Ferry Landing. ? Proximity to the Beach – Just minutes from world-famous Coronado beaches. ? Strong Rental Demand – A rare find in a high-demand market with limited inventory. With built-in value, income potential, and room to grow, 248 Orange Ave is a rare find in the Coronado real estate market. Rare Multi-Unit Investment Opportunity in Prime Coronado Location! Welcome to 248 Orange Ave, Coronado, CA—a charming and versatile four-unit property in the heart of one of San Diego's most sought-after communities. Whether you're looking for an income-generating investment, a multi-generational living solution, or a mix of both, this property offers unmatched potential in an unbeatable location. This multi-unit gem features: ? 2-Bed, 1-Bath Flat – Spacious and bright, perfect for long-term tenants or owner-occupancy. ? 2-Bed, 1-Bath Townhouse – A unique, private unit with a townhome-style layout. ? Studio with Direct Garage Access – Ideal for short-term or long-term rental opportunities. ? 1-Bed, 1-Bath Unit – Great for steady rental income, with a functional and updated layout. Three of the four units have been tastefully renovated, yet all are currently under market value, making this a prime opportunity for investors looking to increase rental income or for an owner-occupant seeking supplemental cash flow. Located on the vibrant Orange Ave corridor, this property offers: ? Walkability – Steps from shops, dining, parks, and the Coronado Ferry Landing. ? Proximity to the Beach – Just minutes from world-famous Coronado beaches. ? Strong Rental Demand – A rare find in a high-demand market with limited inventory. With built-in value, income potential, and room to grow, 248 Orange Ave is a rare find in the Coronado real estate market. Don't miss out—schedule a private showing today and explore the possibilities!
Location
State CA
County San Diego
Area 92118 - Coronado
Building/Complex Name coronado
Interior
Heating None
Cooling Central Air
Fireplace No
Appliance Electric Water Heater
Exterior
Fence None
Pool None
View Y/N Yes
View None
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5361521300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Shirley Tajedini • eXp Realty of Southern California, Inc.