UPDATED:
03/03/2025 08:22 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250018571
Bedrooms 6
Full Baths 5
Half Baths 1
HOA Y/N No
Year Built 1984
Property Sub-Type Res Income 2-4 Units
Property Description
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. Don't miss out—schedule a private showing today and explore the possibilities!
Location
State CA
County San Diego
Area Coronado (92118)
Building/Complex Name coronado
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Wood/Stucco
Parking Features Unit1:Underground Unit2:N/K Unit3:N/K Unit4:N/K
Garage Spaces 4.0
Community Features BBQ
Complex Features BBQ
Roof Type Composition
Building
Story 2
Lot Size Range 1-3999 SF
Water Meter on Property
Level or Stories 2 Story
Schools
Elementary Schools Coronado Unified School District
Middle Schools Coronado Unified School District
High Schools Coronado Unified School District
Others
Acceptable Financing Cash, Conventional, Exchange, Seller May Carry
Space Rent $500
Listing Terms Cash, Conventional, Exchange, Seller May Carry
Virtual Tour https://www.propertypanorama.com/instaview/snd/250018571
