See all 75 photos
75 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,500,000
Est. payment /mo
4,330 Beds
9,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260008602
Bedrooms 4330
Full Baths 3464
Lot Size 9,227 Sqft
Lot Dimensions 100x94
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
***PRICED TO SELL*** Value Add Upside Potential***Renovate Ready**Rent Reposition***Ay Carumba Stabilized Coastal Multifamily Asset Market Value $6,900,000***Mediterranean Coastal Affluent Community Highly Walkable Coastal Lifestyle With Proximity To Coastal Amenities & Employment Centers*** Year Round Mild Temperatures Ranging Mid-50s to Mid-70s***92037***La Jolla Driven By Education*Healthcare*Biotechnology*Research*Tourism*Professional Services*Provide A Strong Economic Base Which Support Upscale Single Family Homes*Luxury Condominiums*Apartment Buildings* A Local Commercial Corridor Offering Convenient Access To Retail, Dining, And Personal Services Within Walking Distance Sustaining Long Term Rental Desirability & Investment Stability***0.2 Miles To Neptune/ WINDNSEA Beach *Coastal Bluff With Pacific Ocean Views ***6 Units***Total 4,571Sq Ft Of Living Area***(4/6 renovation ready and vacant)***Two 2BR/2BA approx 900 Sq ft***Two 2BR/1BA approx 800 sq ft***Two 1BR/1BA approx 600 SqFt***On A Flat Level 9,227 (95 x100) Sq Ft Prominent Usable Corner Lot Providing Dual Street Frontage (Rosemont & Electric) With Alley Access Providing Enhanced Accessibility & 4 One Car Garages (10x24)***$29,800 Long Term Monthly Market Rent/ $357,600 YR***5.55% Cap Rate***GRM 12.6***Holy Schmoly Short Term/AIRBNB Monthly Rent $50,000/$600,000 YR*** Ability to Generate Additional $127K+ per Year Converting Four (10x24) 240 Sq Ft Garages into Studios Renting For $2,650 Mth*** Going Going Gon_!
Location
State CA
County San Diego
Area Coastal South
Zoning RM-1-1
Interior
Heating Wall
Flooring Other/Remarks
Fireplace No
Laundry Owned
Exterior
Parking Features Garages
View Y/N No
Roof Type Composition
Total Parking Spaces 4
Building
Dwelling Type Other/Remarks
Story 2
Others
Senior Community No
Tax ID 351-471-21-00
Acceptable Financing Cash, Exchange Up, Other/Remarks
Listing Terms Cash, Exchange Up, Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/260008602
Read Less Info
Listed by Robert Antoniadis, DRE#01727428 Robert Realty
Nearby School & Business
Search All Homes and Condos for Sale in Coronado
Types of Homes for Sale In Coronado:
All Coronado Homes for Sale by Map
Condos and Townhomes for Sale in Coronado
Single Family Homes for Sale in Coronado
Multi-Family Investment Properties for Sale in Coronado
New Construction in Coronado
Rentals in Coronado
Neighborhoods in Coronado
Coronado Cays Homes for Sale
Coronado Shores Condos for Sale
Coronado Village Homes and Condos for Sale
Bayfront Homes for Sale
Oceanview Homes for Sale
Country Club Estates Homes for Sale
Get More Information
Coronado Communities
- Homes For Sale in Carlsbad, CA
- Homes For Sale in Coronado, CA
- Homes For Sale in Del Mar, CA
- Homes For Sale in Imperial Beach, CA
- Homes For Sale in Encinitas, CA
- Homes For Sale in La Jolla, CA
- Coronado Condos & Townhomes
- Coronado Single Family Homes
- Coronado Shores Condos
- Coronado Cays
- Coronado Bayfront Homes
- Coronado Ocean View Homes