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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 6:38 PM UTC

 

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