Active
248 Orange Ave
Coronado CA, 92118
$3,298,999
Active
Residential
Built in 1984
Listed by Shirley Tajedini with Coldwell Banker Realty 619-249-8443
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!
240016295SD
MLSⓇ ID
July 26, 2024
Listed
November 22, 2024
Updated
Map
248 Orange Ave
Coronado CA, 92118
Interior Features
Total Stories
2
Appliances
Electric Water Heater
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
Electric, None
Exterior/Building Features
Roof
Composition
Other Property Details
Area Name
92118 - Coronado
Days on Market
103
Garage
No
Parking Total
0
View
Yes
View Description
None
County
San Diego
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
10/31/2024 | Price change | $3,298,999 0% |
10/16/2024 | Price change | $3,295,000 2% |
10/9/2024 | Price change | $3,225,000 -1% |
9/29/2024 | Price change | $3,250,000 -2% |
9/15/2024 | Price change | $3,295,000 -6% |
9/9/2024 | Price change | $3,490,000 -1% |
7/19/2024 | Active | — |
Listing Contact: 858-459-3851
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 6:38 PM UTC