ORANGE AVE. MULTI-UNIT This well-maintained 4-unit apartment building is an incredible investment opportunity with significant potential for increased rental income. Current rents are below market value, and all tenants are on a month-to-month basis, providing flexibility for future adjustments. Shows as a 3 unit on tax roll, currently one of the townhouses was reconfigured to be a 2/1 bath and a studio on ground floor with direct garage access. New owner has the option to keep unit as is or return back into a Townhouse configuration. All, but one unit has renovated. Recent updates enhance the property's appeal, including all-new windows installed just a year ago and four brand-new garage doors with openers added just last month. **Apartment A (Studio):** - Bathroom has been completely redone - New vinyl flooring throughout - Updated kitchen with new cabinets and quartz countertops **Apartment B:** - New hot water heater installed just one year ago - Upgraded kitchen featuring new quartz countertops and brand-new appliances - New luxury vinyl plank (LVP) wood floors throughout **Apartment C:** - Fully renovated from top to bottom - Elegant bathroom with a tub and shower surrounded by marble tiles - New washer and dryer included - Modern kitchen with new cabinets, black honed granite countertops, and a stunning tile backsplash running up the entire wall This property is a rare find, offering immediate upside potential for the right investor. Don't miss out on this excellent opportunity!
This property is $873.9K more than the Median Sold Price in Coronado, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #240016295SD
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (858) 459-3851
Listing Agent: Shirley Tajedini
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 10, 2019
Sep 10, 2019Home Sold
$1,567,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$17,817
$1,583,739
2020
$17,816
$1,567,500
2019
$5,941
$423,090
2018
$5,941
$414,795
2017
$5,769
$406,663
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Coronado Village Elementary School
600 6th St
Distance between this listing and this school0.49 miles
Public District Grades KG-5
3
/10
Washington Elementary School
1789 State St
Distance between this listing and this school1.90 miles
Public District Grades KG-5
6
/10
Sherman Elementary School
301 22nd St
Distance between this listing and this school1.98 miles
Public District Grades KG-5
Nearby Schools
8
/10
Coronado Middle School
550 F Ave
Distance between this listing and this school0.37 miles
Public District Grades 6-8
3
/10
Perkins K-8 School
1770 Main St
Distance between this listing and this school1.52 miles
Public District Grades KG-8
5
/10
King-Chavez Academy of Excellence
2716 Marcy Ave
Distance between this listing and this school2.21 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Coronado High School
650 D Ave
Distance between this listing and this school0.42 miles
Public District Grades 9-12
6
/10
E3 Civic High School
395 11th Ave 6th Fl
Distance between this listing and this school1.43 miles
Public Charter Grades 9-12
2
/10
Monarch
1625 Newton Ave
Distance between this listing and this school1.43 miles
The neighbors living near this home have an average income of $75,663. The majority of Coronado, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 248 Orange Ave
What is the listing price of this property?
The listing price of 248 Orange Ave property is $3,298,999.
What type of property is this?
The property 248 Orange Ave is a house located in Coronado, California, 92118.
Is this property for sale now?
Active Listing: 248 Orange Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $17,817 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 10, 2019 for $1,567,500. (source: MLS/tax record).
Which year was this property built?
The year of construction for 248 Orange Ave is 1984.
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This home is located at 248 Orange Ave in Coronado, CA and zip code 92118. This home was built in 1984. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $3,298,999.
In October 2024 more than 1 listings in Coronado, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. The number of listings in Coronado, CA increased by 0.8% between September 2024 and October 2024. In October 2024 median list price was $2,425,000 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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