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$3,298,999

Beds
7
Baths
4.5
sq ft
2,900

248 Orange Ave, Coronado, CA 92118

248 Orange Ave

Coronado, CA 92118

  • 125 days on market
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!

Details

Property type

Lot size

Unknown

Price per sq ft

$1,138

Year built

1984

Price History

10/31/2024
SanDiego

SanDiego #240016295

Price change
$3,298,999
+0.12%
10/16/2024
SanDiego

SanDiego #240016295

Price change
$3,295,000
+2.17%
10/08/2024
SanDiego

SanDiego #240016295

Price change
$3,225,000
-0.77%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/13/2024 at 6:55 PM

Listing updated: 10/30/2024 at 6:56 PM

Listed by: Shirley Tajedini, Coldwell Banker Realty Phone #: (858) 459-3851

MLS: SanDiego #240016295

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