549-555 Orange Ave

    Coronado, CA 92118
    • $7,950,000
    • STATUS: ACTIVE
    • ON SITE: 62 days
    • ID#: 200005559
    UPDATED: 69 min ago
    $7,950,000
    • 8
      BEDS
    • 0.16
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,280
      SQFT
    • $2,424
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:

    School Ratings & Info

    Description

    Sold only in conjunction with 543 Orange (MLS# 200005567). 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/102885321

    549-555 Orange Ave Coronado, CA 92118

    • Price: $7,950,000
    • Status: ACTIVE
    • Updated: 69 min ago
    • ID#: 200005559
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,280
    SQFT
    $2,424
    $/SQFT
    1931
    Built
    Neighborhood:
    Village
    County:
    San Diego
    Area:
    Coronado (92118)
    Property Description
    Sold only in conjunction with 543 Orange (MLS# 200005567). 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

    Exterior BrickStucco Fencing N/K Frontage N/K Irrigation Sprinklers Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Non Garage Desc Unit1 None Known Parking Non Garage Desc Unit2 None Known Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Composition Site Alley AccessPublic StreetSidewalksStreet PavedWest Of I-5 Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 4 View N/K

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment N/K Heat Source Other/Remarks Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 0.0 Additional Property Use Res/Business Use Ok Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association Of Realtors (Sdar) Buildings 4 Cfd Mello Roos Fee 0.0 Community Coronado Village Complex Features N/K Complex Park None Cross Streets Sixth Street Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 12000 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area South Bay Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Possession Close Of Escrow Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Other/Remarks Terms Other/Remarks Unit Number For Unit1 549 Orange Unit Number For Unit2 551 Orange Unit Number For Unit3 553 Orange Unit Number4 555 Orange Unit1 Deposit 3400 Unit1 Occupied Tenant Unit1 Rent Actual 3400.0 Unit2 Deposit 2450 Unit2 Occupied Tenant Unit2 Rent Actual 2450.0 Unit3 Deposit 2450 Unit3 Occupied Tenant Unit3 Rent Actual 2450.0 Unit4 Deposit 2450 Unit4 Occupied Tenant Unit4 Rent Actual 2450.0 Water Meter On Property

    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