248 Orange Ave, CORONADO VILLAGE, CA

$3,298,999

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7

Beds

4

Baths

About 248 Orange Ave

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 of 248 Orange Ave

MLS® # 240016295
Price $3,298,999
Bedrooms 7
Bathrooms 4.00
Acres 0.00
Year Built 1984
Type Residential Income
Status ACTIVE

Community Information

Address 248 Orange Ave
Area CORONADO (92118)
Subdivision Coronado
City CORONADO VILLAGE
County San Diego
State CA
Zip Code 92118

Amenities

Amenities BBQ, N/K
# of Garages 4
View N/K
Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating N/K
Cooling N/K
Fireplace No
# of Stories 2

Exterior

Exterior Stucco
Lot Description Alley Access, Sidewalks, Street Paved
Roof Composition

Additional Information

Date Listed July 12th, 2024
Days on Market 110
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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