756 E Avenue, Coronado, California 92118
  • $5,995,000
  • $5,995,000

Overview

Property ID: PTP2400109
  • Single Family Residence, Residential
  • Property Type
  • 8
  • Bedrooms
  • 7
  • Bathrooms
  • 4.0
  • Garages
  • 1970
  • Year Built

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.

  • Address: 756 E Avenue
  • State/county: CA
  • Zip/Postal Code: 92118

Details

Updated on April 2, 2024 at 11:11 pm
  • Property ID PTP2400109
  • Price $5,995,000
  • Land Area 0.1607 Acres
  • Bedrooms 8
  • Bathrooms 7
  • Garages 4.0
  • Year Built 1970
  • Property Type Single Family Residence, Residential
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, VA Loan
  • Cooling Central Air, Ductless
  • County San Diego
  • Property Type Residential
  • Pool None
  • Parking Garage
  • Community Features Biking, Curbs, Dog Park, Fishing, Golf, Gutter(s), Park, Storm Drain(s), Street Lights, Water Sports

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