The Bove Group

View Original

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:

Active

Submarket:

Central, Coastal

Property Type:

Apartments

Strategy:

Core

See this form in the original post

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.

See this map in the original post

Listed By:

Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 945-7094

Jared Wallach

Senior Advisor

jared.wallach@marcusmillichap.com

(424) 205-3800