Beds4
Baths4
Sq.Ft.2,980
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Robert & Joy Aumann
(858) 752-8730ASAP
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FOR SALE: 850 Olive Avenue Coronado CA 92118 | 305883939 |$3,900,000| Call Rob (858) 752-8730 for a TOUR!
Status:
Active
Property Type:Res Income 2-4 Units
MLS #:305883939
Sq. Feet:2,980
On Site:16 Days
Lot Size:0.07 Acres
County:San Diego
Listing Agent/Office
Agent:James Nelson
Agent Phone:619-415-5574
Office:Coldwell Banker West
Rarely available and fully turnkey four-plex apartment building just three blocks to the beach in the heart of Coronado's charming Village! The list of upgrades on this revenue generating asset is too long to list but some of the many upgrades include: new luxury vinyl flooring with wide plank white oak finish throughout, all units feature upgraded kitchens and bathrooms, AC, and laundry. Two lower units feature spacious patios for grilling or hanging out with friends and enjoying Coronado's temperate climate. Upstairs units feature views of the surrounding neighborhood and increased privacy. All units come fully furnished with in-place rental income expected to exceed $220,000 over the next 12 months. Tenants enjoy secure bike parking, and three off-street covered parking spots.
Rarely available and fully turnkey four-plex apartment building just three blocks to the beach in the heart of Coronado's charming Village! The list of upgrades on this revenue generating asset is too long to list but some of the many upgrades include: new luxury vinyl flooring with wide plank white oak finish throughout, all units feature upgraded kitchens and bathrooms, AC, and laundry. Two lower units feature spacious patios for grilling or hanging out with friends and enjoying Coronado's temperate climate. Upstairs units feature views of the surrounding neighborhood and increased privacy. All units come fully furnished with in-place rental income expected to exceed $220,000 over the next 12 months. Tenants enjoy secure bike parking, and three off-street covered parking spots.
Rarely available and fully turnkey four-plex apartment building just three blocks to the beach in the heart of Coronado's charming Village! The list of upgrades on this revenue generating asset is too long to list but some of the many upgrades include: new luxury vinyl flooring with wide plank white oak finish throughout, all units feature upgraded kitchens and bathrooms, AC, and laundry. Two lower units feature spacious patios for grilling or hanging out with friends and enjoying Coronado's temperate climate. Upstairs units feature views of the surrounding neighborhood and increased privacy. All units come fully furnished with in-place rental income expected to exceed $220,000 over the next 12 months. Tenants enjoy secure bike parking, and three off-street covered parking spots.
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Detailed Maps
Community Information
Address:850 Olive Avenue, Coronado, CA 92118
Area:Coronado (92118)
County:San Diego
City:Coronado
Subdivision:Coronado Village
Zip Code:92118
Architecture
Bedrooms:
4
Bathrooms:
4
Stories:2
Total Stories: 2
Unit 1: 1 bed, 1 bath. Rent: $3800.0
Unit 2: 1 bed, 1 bath. Rent: $6893.0
Unit 3: 1 bed, 1 bath. Rent: $6893.0
Unit 4: 1 bed, 1 bath. Rent: $6893.0
Rooms
| Dimensions | |
| Master | |
| Bedroom 2 | |
| Bedroom 3 | |
| Bedroom 4 | |
| Bedroom 5 | |
| Breakfast Area | |
| Dining Room | |
| Kitchen | |
| Living Room | |
| Family Room | |
| Extra Room 1 | |
| Extra Room 2 | |
| Extra Room 3 |
Property Features
Lot Size:
0.07 Acres
Lot Dimensions:1-3,999 SF
Site: Curbs, Sidewalks
Zoning:Assessor
Tax and Financial Info
Gross Sched Income Actual: $221, 713
Annual Expense Actual: $61, 225
Cap Rate Actual: $3.63
Terms: Cash, Conventional, Exchange
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850 Olive Avenue Coronado, CA 92118
ASAP
Fri
24
Mar
Sat
25
Mar
Sun
26
Mar
Mon
27
Mar
Tue
28
Mar
Wed
29
Mar
Thu
30
Mar
Choose Your Date -- It's Free, Cancel Anytime
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