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406 408 & 408B E Ave

Coronado, CA 92118
  • $3,190,000
  • STATUS: Active
  • ON SITE: 80 Days
  • ID#: 250045788SD
Price Reduced
UPDATED: 60 min ago
$3,190,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2005
County:

School Ratings & Info

Listing Agent(s): Ken Pecus of eXp Realty of California, Inc (619-675-0123)


Description

Rare Coronado multi-unit investment opportunity. Properties like this seldom come to market, especially after being held long-term by the same ownership. This unique three-unit compound features a detached front 2-bedroom cottage, a spacious and light-filled 2-bedroom townhouse above, and a ground-floor studio plus a two-car garage at the rear. The upper townhouse offers generous living spaces and a sunny private terrace, ideal for long-term or premium rental appeal. The downstairs studio is perfectly suited for independent living, with strong demand potential for local military personnel utilizing off-base housing allowances. The front cottage is primed for thoughtful remodeling and offers a fantastic floorplan, entertaining sized front yard and a secluded patio in the back. Ideally located just a couple blocks to the schools, Concert In The Park, shopping, and easy transit, this is an excellent owner-occupant or value-add investment in one of Southern California’s most supply-constrained markets. Property is part of an estate sale and will convey as is.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T18:29:54.973. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171411743
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406 408 & 408B E Ave Coronado, CA 92118

  • Price: $3,190,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 60 min ago
  • ID#: 250045788SD
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2005
Built
Neighborhood:
Coronado Village
County:
San Diego
Area:
92118 - Coronado
Property Description
Rare Coronado multi-unit investment opportunity. Properties like this seldom come to market, especially after being held long-term by the same ownership. This unique three-unit compound features a detached front 2-bedroom cottage, a spacious and light-filled 2-bedroom townhouse above, and a ground-floor studio plus a two-car garage at the rear. The upper townhouse offers generous living spaces and a sunny private terrace, ideal for long-term or premium rental appeal. The downstairs studio is perfectly suited for independent living, with strong demand potential for local military personnel utilizing off-base housing allowances. The front cottage is primed for thoughtful remodeling and offers a fantastic floorplan, entertaining sized front yard and a secluded patio in the back. Ideally located just a couple blocks to the schools, Concert In The Park, shopping, and easy transit, this is an excellent owner-occupant or value-add investment in one of Southern California’s most supply-constrained markets. Property is part of an estate sale and will convey as is.
Exterior Features

Parking Total 0 Roof Composition Spa YN No View YN Yes

Interior Features

Cooling None Cooling YN No Heating YN Yes

Property Features

Association Fee 0 Cap Rate 2.75 Disclosures Incorporated Gross Scheduled Income 135000 Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalVA Loan Net Operating Income 93396 Senior Community YN No Tenant Pays Cable TVElectricityGas



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T18:29:54.973. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_408575711-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_408575711-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_408575711-2.jpg
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Ken Pecus of eXp Realty of California, Inc (619-675-0123)