Coronado, CA 92118,248 orange ave
Coronado, CA 92118,248 orange ave
Coronado, CA 92118,248 orange ave
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$3,295,000
Est. payment /mo
6 Beds
6 Baths

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

BOM due to no fault of property. 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.
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

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San Diego Regional MLS (SDMLS)
Listed by Shirley Tajedini • eXp Realty of Southern California, Inc.

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agent

Melissa Eannarino

+1(760) 845-1085

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