515 Palm Avenue

Coronado, CA 92118

$2,695,000
Price
4
Beds
2
Baths
2,433 Sq. Ft.
$1,108 / Sq. Ft.
2,433
Sq. Ft.
$1,108
per Sq. Ft.

Description

We are excited to present 511-15 Palm Avenue, a sweetheart Duplex consisting of (2) large 1,200SF+ 2Bedroom 1 Bath separate homes. The subject property is in phenomenal condition including fully renovated interiors/bathrooms/kitchens including a charming Spanish cottage feel throughout. Additionally, this property is located one block away from the prestigious Coronado Middle/High School— does it get any better than that? Constructed in 1930 & designated as a Historic Resource in 2018, 515 Palm Ave....We are excited to present 511-15 Palm Avenue, a sweetheart Duplex consisting of (2) large 1,200SF+ 2Bedroom 1 Bath separate homes. The subject property is in phenomenal condition including fully renovated interiors/bathrooms/kitchens including a charming Spanish cottage feel throughout. Additionally, this property is located one block away from the prestigious Coronado Middle/High School— does it get any better than that? Constructed in 1930 & designated as a Historic Resource in 2018, 515 Palm Ave. benefits from significantly reduced property taxes under the Mills Act making this property that much more attractive for investors & owner users alike.
  1. Listed by Aaron Bove • DRE #01318320 • Brokerage DRE #00530854 • Marcus & Millichap

Property Details for 515 Palm Avenue

Area
92118 - Coronado
Neighborhood
Coronado
Community
CORONADO VILLAGE
City Postal ID
CORONADO (92118)
Cross Street(s)
5th Street & Palm Ave

Open Houses

Saturday, Dec 21st

11:00 AM - 1:00 PM

Public

LISTING UPDATED: 12/18/2024 04:58 PM

Property Details for 515 Palm Avenue

StatusActive
MLS #240028554
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.09 AC / 3,946 SF
CountySan Diego County

Building Information for 515 Palm Avenue

Stories1Residences-Year Built1930Building Size-Lot Size0.09 AC / 3,946 SF

Property Information for 515 Palm Avenue

Summary Information
Property and Location
  • System ID: 240028554
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Year Built: 1930
  • Street Number Numeric: 515
  • Street Name: Palm Avenue
  • Age Restrictions: N/K
  • Market Area: South Bay
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 2
  • Num of Units w/Cooling: 2
  • Cooling: None
Exterior Features
  • Exterior: Wood/Stucco
  • Roof: Tile/Clay
  • Fencing: Partial
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 1
  • Entry Only: No
  • Lot Size: 1-3,999 SF
  • Lot Size Source: Assessor Record
  • Complex/Park: Coronado
  • Assessors Parcel Num: 536-371-15-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 515
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $5,100
  • Unit 1 Estimated SqFt: 1,217
  • Unit 1 Exclusive Use Yard: No
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $5,600
  • Unit 1 Rent Actual: $5,100
Unit 2
  • Unit Num for Unit 2: 511
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $4,750
  • Unit 2 Estimated SqFt: 1,216
  • Unit 2 Exclusive Use Yard: No
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Tenant
  • Unit 2 Projected Rent: $5,600
  • Unit 2 Rent Actual: $4,750
Unit 3
  • Unit 3 Num of Total Baths: 0
Unit 4
  • Unit 4 Num of Total Baths: 0

Property History for 515 Palm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 515 Palm Avenue

Taxable ValueLand$444,508Additions$296,339Total$740,847
Tax Record2024$9,056 ($755 / month)
Home Facts
Total Finished SqFt2,433 SqFtAbove Grade Finished SqFt2,433 SqFtLot Size3,946 SqFtStyleMiscellaneous AgriculturalYear Built1930ZoningSPECIAL AND/OCountySAN DIEGOAPN536-371-15-00

Schools near 515 Palm 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.

Similar Homes

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Similar Sold Homes

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515 Palm Avenue is a multi-family home for sale in Coronado, CA 92118. This property was listed for sale on December 16, 2024 by Marcus & Millichap, it's currently listed at $2,695,000. It has been on the market for a total of 3 days and was last sold on January 27, 2006. This listing's school district is Coronado Unified School District. Nearby schools include Village Elementary School, Coronado Middle School and Coronado High School. 515 Palm Avenue is a 4-bed, 2-bath, 2,433 sqft multi-family home built in 1930.

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Listing Courtesy of Marcus & Millichap, Aaron Bove, DRE #01318320

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