950-958 B Ave, Coronado, CA 92118

$4,999,999
9
BD
5
BA

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List Price
$4,999,999
Days on Market
67
Status
PENDING
MLS#
260014975
Bedrooms
9
Bathrooms
5
Lot Size(apprx.)
6,969
City
Coronado
Neighborhood
Coronado
School District
Coronado Unified School District
Property Type
Multifamily
Year Built
1928

Property Description

Three Buildings. Five Unit Compound. Discover a hidden gem in Coronado, a charming, character-rich 1928 Spanish Revival multi-unit property in one of Coronado's most sought-after locations. Well maintained and updated interiors, on a 6,969± sq. ft. lot. BUILDING 1: 2BD/1BA cottage w/ private yard/patio/entrance (approx 800 SF), BUILDING 2: 2BD/1BA cottage (approx 700 SF), BUILDING 3: TWO additional 2bd/1BA Units (approx 725 SF each) above 1BD/1Ba (approx 650 SF). With 4 garages, the property is just two blocks from Orange Avenue's shops and restaurants and a short distance to Coronado Beach and the famous Hotel Del Coronado. Enjoy its charm as an income-producing asset or explore redevelopment potential (buyer to verify) - endless possibilities! SEE Supplement Rare Offering in the Heart of Coronado! This exceptional 1928 Spanish Revival property presents a unique opportunity to own a character-rich multi-unit compound in one of Coronado's most desirable locations. Situated on a 6,969± sq. ft. lot, the property consists of five well-maintained units totaling approximately 3,650± sq. ft. The unit mix includes 3 buildings. BUILDING 1: 2BD/1BA cottage w/ private yard/patio/entrance (approx 800 SF), BUILDING 2: 2BD/1BA cottage (approx 700 SF), BUILDING 3: TWO additional 2bd/1BA Units (approx 725 SF each) above 1BD/1Ba (approx 650 SF) and a four-car garage offering valuable parking and storage. Ideally located just two blocks from Orange Avenue's shops, restaurants, and amenities, and a short distance to Coronado Beach and famous Hotel del Coronado. Continue as a strong income-producing investment, create a private family compound, or explore the property's exceptional value-add and redevelopment potential (buyer to verify all possibilities).

Additional Information

Cooling
Other, Window/Wall
Heating
Other, Gravity
Lot Size
6,969
Neighborhood
Coronado
Roof
Tile/Clay
School District
Coronado Unified School District
Tenant Pays
Electricity, Gas/Propane
Year Built
1928

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Paulette Fennello (619-318-5707) from Listing Office: Berkshire Hathaway HomeService.

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