About 406 E Ave, Coronado, California, 92118
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.
Association Fee : 0
Parking Total: 0
Roof : Composition
Heating : Yes.
Association Fee : 0
Parking Total: 0
Roof : Composition
Heating : Yes.

Street Address: 406 E Ave
City: Coronado
State: California
Postal Code: 92118
County: San Diego
Directions: From Orange Ave go West on 5th, then Right on E Ave. Property will be on the Left. CrossStreet: 4th St

Property Information :
Listing Status: Active
Lot Size: 0.08 Acres
MLS #: 250045788SD
Bathrooms: 0 ba
Price: $2,990,000
Construction Status: Built in 2005
Last Modified : Apr 8 2026 11:45AM
Amenities :
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Courtesy of: Ken Pecus, eXp Realty of California, Inc (MLS# SAND-992145)
Source MLS: CRMLS