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406 E Ave
Coronado, CA 92118

Directions:

From Orange Ave go West on 5th, then Right on E Ave. Property will be on the Left. CrossStreet: 4th St

Last Modified: Apr 8

Built: 2005

County: San Diego

MLS #: 250045788SD

$2,990,000

406 E Ave, Coronado, CA 92118


0.0804

ACRES

ABOUT

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 & AMENITIES

• Heating: Yes.
• Roof: Composition
• Parking Total: 0
• Association Fee: 0
• View
Courtesy of: Ken Pecus, eXp Realty of California, Inc (MLS# SAND-992145)
Source MLS: CRMLS