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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Data last updated 8:46 PM UTC, 2/20/2025