248 Orange Ave
Coronado, CA 92118
$199,001.00 (-5.69%)
Active for $3,298,999
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: N/A sqft
| MLS | 240016295SD |
| Year Built | 1984 |
| Property Type | |
| County | San Diego |
| Status | Active |
| Active | $3,298,999 |
| Structure Size | N/A sqft |
| Lot Size | N/A sqft |
| Beds | N/A |
| Baths |
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!
Listing information courtesy of: Shirley Tajedini, Coldwell Banker Realty 619-249-8443. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Jennifer Franks
REALTOR®
Direct: 626.224.3680
Email: Email Me
DRE: 02007379
DRE #01873088
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