Homes for sale - 248 Orange Ave, Coronado, CA 92118

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LaKeshia Lindsey

lakeshiasellsrealestate@gmail.com +1(619) 746-0849

$3,298,999

Est. payment - /mo

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UPDATED:

12/05/2024 05:10 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Coronado Village

MLS Listing ID 240016295SD

HOA Y/N No

Year Built 1984

Property Description

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!

Location

State CA

County San Diego

Area 92118 - Coronado

Interior

Heating Electric, None

Cooling None

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 • Coldwell Banker Realty

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California.

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

350 W 5th Ave, Escondido, CA, 92025, USA

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248 Orange Ave Coronado, CA 92118