Listing provided courtesy of Shirley Tajedini of Coldwell Banker Realty. Last updated 2024-09-16 09:14:36.000000. Listing information © 2024 Sandicor.

Asking Price: $3,295,000 | Active​​​​​​​

248 Orange Ave, Coronado CA 92118

Community: ​Coronado


This Res Income 2-4 Units property was built in 1984 and is priced at $3,295,000. Please see the additional details below.
  • 0 Sq Ft
  • bathrooms
  • 0 bedrooms
  • MLS#: 240016295
  • Type: Res Income 2-4 Units
  • Year Built: 1984
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!

Call or Email The Koop Group now to inquire about this property

619.985.8722