248 Orange Ave
Coronado, CA 92118
- – beds
- – baths
- – sqft
- 1984 build
- – on site
ORANGE AVE. MULTI-UNIT This well-maintained 4-unit apartment building is an incredible investment opportunity with significant potential for increased rental income. Current rents are below market value, and all tenants are on a month-to-month basis, providing flexibility for future adjustments. Shows as a 3 unit on tax roll, currently one of the townhouses was reconfigured to be a 2/1 bath and a studio on ground floor with direct garage access. New owner has the option to keep unit as is or return back into a Townhouse configuration. All, but one unit has renovated. Recent updates enhance the property's appeal, including all-new windows installed just a year ago and four brand-new garage doors with openers added just last month. **Apartment A (Studio):** - Bathroom has been completely redone - New vinyl flooring throughout - Updated kitchen with new cabinets and quartz countertops **Apartment B:** - New hot water heater installed just one year ago - Upgraded kitchen featuring new quartz countertops and brand-new appliances - New luxury vinyl plank (LVP) wood floors throughout **Apartment C:** - Fully renovated from top to bottom - Elegant bathroom with a tub and shower surrounded by marble tiles - New washer and dryer included - Modern kitchen with new cabinets, black honed granite countertops, and a stunning tile backsplash running up the entire wall This property is a rare find, offering immediate upside potential for the right investor. Don't miss out on this excellent opportunity!
Last checked:
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Last updated Oct 31, 2024
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MLS# 240016295SD —
The Building
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Year Built:1984
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Roof:Composition
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Number With Patio:1
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:CrossStreet: 4th Ave
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Latitude:32.69663251
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Longitude:-117.17406061
The Property
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Property Type:Residential Income
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Lot Size Source:Assessor
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View:1
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View:None
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Fencing:None
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Fence:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:5361521300
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Showings Begin:2024-07-19
Heating & Cooling
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Heating:Electric, None
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Cooling:No
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Cooling:None
Appliances
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Appliances:Electric Water Heater
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Included:Yes
The Community
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Subdivision:Coronado Village
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Subdivision:Coronado Village
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Senior Community:No
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Neighborhood:Coronado
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Park Name:N/A
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Pool:None
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Private Pool:No
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Spa:1
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Spa Features:None
Extra Units
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Number With Dishwasher:4
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/30/24
Oct 30, 2024
|
Price Changed | CRMLS_CA | $3,298,999 | 0.1% |
|
10/16/24
Oct 16, 2024
|
Price Changed | CRMLS_CA | $3,295,000 | 2.2% |
|
10/8/24
Oct 8, 2024
|
Price Changed | CRMLS_CA | $3,225,000 | -0.8% |
