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!
|
DAYS ON MARKET
|
105
|
LAST UPDATED
|
10/30/2024
|
|
TRACT
|
Coronado Village
|
YEAR BUILT
|
1984
|
|
COMMUNITY
|
Coronado
|
COUNTY
|
San Diego
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Sep 9, '24
|
$3,498,000
|
|
Sep 9, '24 - Sep 15, '24 |
$3,490,000
|
|
Sep 15, '24 - Sep 28, '24 |
$3,295,000
|
|
Sep 28, '24 - Oct 8, '24 |
$3,250,000
|
|
Oct 8, '24 - Oct 16, '24 |
$3,225,000
|
|
Oct 16, '24 - Oct 30, '24 |
$3,295,000
|
| Oct 30, '24 - Today |
$3,298,999 |
| AIR |
None |
| APPLIANCES |
Electric Water Heater |
| AREA |
Coronado |
| HEAT |
Electric, None |
| HOA DUES |
0 |
| POOL DESCRIPTION |
None |
| STORIES |
2 |
| SUBDIVISION |
Coronado Village |
| VIEW |
Yes |
| VIEW DESCRIPTION |
None |
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Listed with Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/1/24 5:20 AM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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