830 E Avenue, Coronado, CA, 92118
Offer Price:
$4,375,000
Cap Rate:
2.56%
Price/SF:
$601.46
Price/Unit:
$729,167
Gross Building Area:
7,274 SF
Lot Size:
7,337 SF
Status:
Under Contract
Submarket:
Central, Coastal
Property Type:
Apartments
Strategy:
Core
LOCATION! LOCATION! LOCATION!
The Bove Group is pleased to present 830 E Avenue Coronado, California 92118, a true value-add property available for the first time in decades. The property is comprised of five (5) townhome style 2BR/1.5BA units and one (1) 3BR/2BA unit. In addition, 830 E Avenue also benefits from the newer roof installed over the last year & five single parking spaces along the alley.
Located just blocks away from the Coronado Center Beach & walking distance to all the restaurants/shops along Orange Ave., 830 E Avenue boasts a superb 89 Walk Score showing its prime location in the heart of Coronado. Renowned for its pristine beaches, historic architecture, and iconic Hotel del Coronado, the city offers a compelling blend of luxury and leisure. With its flourishing rental market and steady tourism industry, investing in Coronado presents potential for long-term growth and income.
Take advantage of Coronado’s prestigious allure and further capitalize on the coastal charm & opportunity 830 E Avenue provides. Contact The Bove Group today to learn more about this exclusive value-add opportunity in one of Southern California’s most coveted & rarely traded markets.
Listed By:
Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 945-7094