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750 756 E AVE Coronado, CA 92118
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Key Details
Sold Price $5,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2400614
Sold Date 03/29/24
HOA Y/N No
Year Built 1970
Lot Size 7,000 Sqft
Property Description
Exceedingly rare opportunity to acquire a distinctive property just four blocks from the pristine Coronado Center Beach! This meticulously remodeled estate comprises a luxurious 4BR, 2.5BA main residence adorned with designer fixtures and finishes and three legal 1BR/1BA rentals nestled behind. The main house boasts an expansive front yard and a wrap-around porch, offering ample outdoor space for hosting summer soirees with a touch of sophistication. Luxuriate in the allure of a first-floor master suite, a captivating wood-burning fireplace in the living room, and an inviting front porch that sets the tone for coastal elegance. Ideal for the discerning owner occupant, envision a year-round residence in coveted Coronado or maintain a pied-à-terre while enjoying income from the rental units behind. The allure is completed by four single-car garages, ensuring both convenience and exclusivity. Each of the additional 1BR/1BA units, separately metered for efficiency, presents an excellent income stream or a haven for hosting guests or family. With mini-splits and in-unit laundry enhancing each dwelling, these residences are ready for move-in. Revel in large private patios on the ground level and secluded decks above, showcasing the ideal outdoor living. This property, zoned R-3, not only stands as an excellent investment but also holds the promise of future development opportunities. Rarely does an opportunity of such distinction and versatility emerge—truly, a treasure trove for the astute investor seeking both immediate returns and long-term potential. Embrace this ready-for-move- in masterpiece and unlock the doors to a lifestyle where luxury meets investment prowess.
Location
State CA
County San Diego
Area 92118 - Coronado
Zoning R3
Interior
Fireplace No
Appliance Dryer, Washer
Laundry Laundry Closet, Laundry Room, Stacked
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Dog Park, Golf, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Water Sports, Park
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Yard
Story 2
Water Public
Others
Senior Community No
Tax ID 5370722000
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, VA Loan
Special Listing Condition Standard
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Bought with Chris Priola • Redfin Corporation