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. 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. Don’t miss out—schedule a private showing today and explore the possibilities!
Property Details
Price:
$3,295,000
MLS #:
250018571SD
Status:
Pending
Baths:
0
Type:
Residential Income
Neighborhood:
92118coronado
City:
Coronado
Listed Date:
Jan 21, 2025
State:
CA
ZIP:
92118
Year Built:
1984
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Schools
Interior
Appliances
Electric Water Heater
Cooling
Central Air
Heating
None
Exterior
Fencing
None
Parking Spots
0.00
Pool Features
None
Roof
Composition
Spa Features
None
Stories Total
2
View
None
Financial
Association Fee
0.00
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Community
- Address248 orange ave Coronado CA
- Area92118 – Coronado
- CityCoronado
- CountySan Diego
- Zip Code92118
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248 orange ave
Coronado, CA
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