Pending

248 Orange Ave

Coronado CA, 92118

$3,295,000


$1,318.00 per sqft

Pending

6 Beds

6 Baths

2,500 sqft

Multi-family

Built in 1984

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.

250018571

MLS ID

February 10, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

6


Full Bathrooms

5


Half Bathrooms

1


Appliances

Electric Water Heater, Dishwasher, Range/Oven, Refrigerator, Dryer, Washer


Laundry Description

Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No


Heating Description

None

Exterior/Building Features

Lot Features

N/K


Roof

Composition


Patio And Porch

Patio


Security

N/K

School Information

School District

Coronado Unified School District

Other Property Details

Area Name

South Bay


Days on Market

7


Garage

Yes


Garage Spaces

4


Parking

Garage, Garage(Underground, N/K), Non-Garage(None Known)


View

No


View Description

None


County

San Diego


Water Source

Meter on Property


Pool

No


Pool Features

None

Listed by eXp Realty of Southern California, Inc., Shirley Tajedini,
Listing Contact: 619-249-8443 

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