Property Description

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!

Features
: None
: Electric, None
: None
: None
: Patio
: Garage(Attached), Garage, Non-Garage(Tandem)
: Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
: Sewer Connected
Appliances
: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer, Electric Water Heater
Address Map
US
CA
SD
Coronado
Coronado Village
92118
Orange Ave
248
W118° 49' 33.3''
N32° 41' 47.9''
South Bay
Additional Info
Coldwell Banker Realty
Additional Information
: BBQ, None
: Stucco
: Two
: Sidewalks
4
2
https://www.propertypanorama.com/instaview/snd/240016295
: Meter on Property
Financial
: N/K
Listing Information
683692
61859
ACTIVE
2024-10-31T01:39:41Z
sdmls
: N/K

Residential Income

248 Orange Ave, Coronado Ca 92118

7 Bedrooms
4 Bathrooms
2,900
$3,298,999
Listing ID #240016295
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240016295
Price : $3,298,999
View : None
Bedrooms : 7
Bathrooms : 4
Half Bathrooms : 1
Square Footage : 2,900
Year Built : 1984
Status : Active
Full Bathrooms : 4
Property Sub Type : Multi Family
Roof : Composition
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