248 Orange Avenue
$3,298,999
7
5
2,900
2,900
$1,138
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...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!
- Listed by Shirley Tajedini • DRE #02078007 • Brokerage DRE #00616212 • Coldwell Banker Realty
Property Details for 248 Orange Avenue
Area
92118 - Coronado
NeighborhoodCoronado
CommunityCORONADO VILLAGE
View DescriptionN/K
City Postal IDCORONADO (92118)
Cross Street(s)4th Ave
LISTING UPDATED: 10/30/2024 06:55 PM
Property Details for 248 Orange Avenue
Status | Active |
---|---|
MLS # | 240016295 |
Days on Market | 136 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1984 |
Lot Size | - |
County | San Diego County |
Building Information for 248 Orange Avenue
Stories2Residences-Year Built1984Building Size-Lot Size-
Property Information for 248 Orange Avenue
Property History for 248 Orange Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 248 Orange Avenue
Taxable ValueLand$1,466,235Additions$214,439Total$1,680,674
Tax Record2024$19,195 ($1,600 / month)
Home Facts
Total Finished SqFt2,853 SqFtAbove Grade Finished SqFt2,853 SqFtLot Size3,591 SqFtStyleMulti-Family Dwelling (2-4)Year Built1984ZoningR-4:MULTIPLECountySAN DIEGOAPN536-152-13-00
Schools near 248 Orange Avenue
This home is within Coronado Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | K to 8 |
Rating | School | Distance |
---|---|---|
Village Elementary School PublicK to 5 | ||
Coronado Middle School Public6 to 8 | ||
Coronado High School Public9 to 12 | ||
Sacred Heart Parish School PrivateK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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