About 406-408 & 408b E Ave
Rare Coronado multi-unit investment opportunity. Properties like this seldom come to market, especially after being held long-term by the same ownership. This unique three-unit compound features a detached front 2-bedroom cottage, a spacious and light-filled 2-bedroom townhouse above, and a ground-floor studio plus a two-car garage at the rear. The upper townhouse offers generous living spaces and a sunny private terrace, ideal for long-term or premium rental appeal. The downstairs studio is perfectly suited for independent living, with strong demand potential for local military personnel utilizing off-base housing allowances. The front cottage is primed for thoughtful remodeling and offers a fantastic floorplan, entertaining sized front yard and a secluded patio in the back. Ideally located just a couple blocks to the schools, Concert In The Park, shopping, and easy transit, this is an excellent owner-occupant or value-add investment in one of Southern California’s most supply-constrained markets. Property is part of an estate sale and will convey as is.
Features of 406-408 & 408b E Ave
| MLS® # | 250045788 |
|---|---|
| Price | $3,396,235 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Full Baths | 4 |
| Half Baths | 1 |
| Acres | 0.08 |
| Year Built | 2005 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Active |
Community Information
| Address | 406-408 & 408b E Ave |
|---|---|
| Area | CORONADO (92118) |
| Subdivision | Coronado Village |
| City | Coronado |
| County | San Diego |
| State | CA |
| Zip Code | 92118 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| View | City,Evening Lights,Other/Remarks |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
| Stories | 3 Story |
Exterior
| Lot Description | Alley Access,Curbs,Public Street,Sidewalks,Street Paved,West of 101,West of I-5 |
|---|---|
| Roof | Composition |
| Construction | Stucco |
School Information
| District | Coronado Unified School District |
|---|
Additional Information
| Days on Market | 18 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty of California, Inc |
|---|