543 Orange Ave

    Coronado, CA 92118
    • $7,950,000
    • STATUS: ACTIVE
    • ON SITE: 59 days
    • ID#: 200005567
    UPDATED: 230 min ago
    $7,950,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Sold only in conjunction with 549-555 Orange (MLS #200005559). RARE OPPORTUNITY! Two contiguous R-4 properties For Sale. Currently approved for 12 units - could increase as population density in Coronado increases. Currently bringing in $28K Gross Income monthly combined. Garages rent separately from the units. All tenants on month-to-month basis and would like to stay while new owner/developer gets plans approved.

    Monthly Payment Calculator

    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. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. 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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/102885368

    543 Orange Ave Coronado, CA 92118

    • Price: $7,950,000
    • Status: ACTIVE
    • Updated: 230 min ago
    • ID#: 200005567
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Coronado (92118)
    County:
    San Diego
    Area:
    Coronado (92118)
    Property Description
    Sold only in conjunction with 549-555 Orange (MLS #200005559). RARE OPPORTUNITY! Two contiguous R-4 properties For Sale. Currently approved for 12 units - could increase as population density in Coronado increases. Currently bringing in $28K Gross Income monthly combined. Garages rent separately from the units. All tenants on month-to-month basis and would like to stay while new owner/developer gets plans approved.
    Exterior Features

    Construction Stucco Location Free Standing Parking On SiteStreet Roof Composition

    Interior Features

    Common Restrooms 3 Cooling Central Forced Air Elec Floors Wood Heating Central Forced Air Elec Private Restrooms 0 Restrooms 3 Stories 1 Story

    Property Features

    Actual Gross Scheduled Income 192000.0 Actual Operating Expense 67000 Assumable Finance 0 Commercial Property Type Office Lease Existing Financing Other/Remarks Financial Information Source Owner Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 16000 Monthly Rent1 16000 Motive Want Retiring Occupancy Percent 100 Overall Percent Vacant 0 Property Type Office Sale Includes BuildingLeases Sales Restrictions N/K Short Sale No Special None Sq Ft Source Tax Record Tenant Pays ElectricGasInsuranceJanitorMaint/RepairsTrashWater Terms CashOther/Remarks Unit Number1 543

    Listing provided courtesy of Del Coronado Realty. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. 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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101