850 Olive Avenue

Coronado, CA 92118 View Map $3,900,000 Schedule a Tour
Beds4
Baths4
Sq.Ft.2,980
Schedule a Tour
Robert & Joy Aumann

Robert & Joy Aumann

(858) 752-8730
 
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
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.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:850 Olive Avenue, Coronado, CA 92118
County:San Diego
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

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

850 Olive Avenue Coronado,  CA 92118
GO SEE THIS LISTING
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
Printable Flyer Get Directions
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further.

All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©  2023 San Diego MLS.

Listing information last updated on March 24, 2023 2:00 AM EST.