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Property for sale: 830-832 C Ave in Coronado

830-832 C Ave Coronado

Main Photo: Property for sale: 830-832 C Ave in Coronado
$8,500,000 /1062500.0
Prop. Type:
Com-Res Income
MLS® Num:
240010218
Status:
Active
Year Built:
1956
First time on market since 1955! This is an incredible opportunity to own two parcels in the heart of Coronado Village! 830 C Avenue (APN 537-251-18-00) is an eight-unit apartment complex and is 100% occupied. The charming apartment units are all two-bedroom, one-bathroom and have vintage kitchens and bathrooms. There may be an opportunity to renovate and increase revenue. 832 C Avenue (APN 537-251-17-00) is a free-standing residence built in 1901 with three bedrooms (may not be permitted) and one bathroom. This wonderful property has cultural history that is a testament to the best that Coronado has to offer! GRM and related metrics are skewed due to properties being sold together and 832 C Ave has no rental history.
Price Per Unit:
1062500.0
County:
San Diego
Market Area:
South Bay
Number of Buildings:
1
Number of Units:
8
Stories:
2 Story
Num Stories:
2
Year Built:
1956
Gross Multiplier:
41.82
Gross scheduled income:
211424.0
Operating expense:
64,207.13
Gross equity:
8500000
Motive / Want:
N/A
Existing Financing:
Clear
From Coronado Bridge turn left at Orange Ave and then take a left on 8th Avenue and then take another left on "C"
Listing Type:
Exclusive Right (R)
Exterior Finish:
Front Sprinklers, Fully Landscaped
Parking:
Spaces
Cooling:
None
Laundry:
Owned
Floor finish:
Wall to Wall Carpet
Terms:
Cash
Parcel Number:
2 APN package sale
Listed by Crestmont Realty
Data was last updated June 16, 2024 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.

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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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.