32.69579 -117.17455

308-330 Orange Ave Coronado, CA 92118

319371782 32.69579 -117.17455 107 /listing/319371782-150271794/308-330-orange-ave-coronado-ca-92118 False 0 19250000 101 220017903 False
  • $19,250,000
  • 26,351 lot
  • Est payment $103338.16/mo

Property & Neighborhood Info

Courtesy Of eXp Realty of California, Inc

Commercial in Coronado

One of THE Legacy properties on The Crown Isle, welcome to DEL ISLAND! Introducing a truly cross-generational opportunity, the likes of which has not been seen in Coronado! This development site, which is easily recognized as one of the Landmark gateway properties when entering Coronado's main commercial district along Orange Avenue, offers exceptional possibilities. Currently housing 29 residential units with an excellent mix of studios, 1 bedrooms and 2 bedrooms, plus 30 off-street parking spaces. The location is just 2 blocks NE to the Bay and 4 blocks SW to the main commercial district, Spreckles park and schools, which invites a bevy of development possibilities. The property has been laced together over many decades and features 4 contiguous parcels totaling 28,000+ sf of highly coveted R4 zoning! Keep them as-is and remodel, or renew the Affordable Housing City Covenant, or wait until expiration in less than 4 years and develop a full market rate product. In all of San Diego County, you would be hard-pressed to find a prime urban and coastal development site like this that actually has a bonafide income stream, while you go through planning, design and permitting processes over the next few years. Or maybe... where better is there to just "Landbank" cash/equity than Coronado Island and leave as-is over the next number of years for perhaps estate legacy planning?

Courtesy Of eXp Realty of California, Inc
  1. 26,351 Lot

Main Features

  • Listing Status: Active
  • Floors: 2
  • County: San Diego
  • Units: 29
  • Zoning: R4
  • MLS Number:220017903

Additional Features

  • Cooling:
    • Other
  • Flooring:
    • Other/Remarks
  • Construction:
    • Block
    • Drywall
    • Frame
    • Lath/Plaster
    • Other/Remarks
    • Stucco
  • Roof:
    • Other/Remarks
  • Exterior:
    • Remarks
  • Acreage:
    • .5 through .75 Acres
  • Carport Spaces:
    • 1
  • Parking:
    • Spaces
  • Parking Spaces:
    • 30
  • Heating:
    • Other/Remarks
  • Amenities:
    • None
  • Showing Instructions:
    • With Accepted Offer
  • Board:
    • San Diego Association of REALTORS (SDAR)
  • Existing Financing:
    • Other/Remarks
  • Financial Info:
    • Limited Info
    • Other/Remarks
    • Owner
  • Gross Income:
    • 320617
  • Limited Service:
    • N/A
  • Sale Rent:
    • For Sale
  • Short Sale:
    • No
  • Terms:
    • Cash
  • Special Conditions:
    • Call Agent
    • Deed Restricted Program
    • Other/Remarks
  • Special Information:
    • Other/Remarks
    • Rent Control
    • Sellers Are RE Licensees
  • List Agent BRE:
    • 01056969
  • List Office Board ID:
    • San Diego Association of REALTORS (SDAR)
  • Listing Type:
    • Exclusive Right (R)
  • Loan Amount:
    • 2000000
  • Rent Amount:
    • 27856
  • SQFT Source:
    • Owner
  • Tax ID:
    • 536-222-22-00
  • Total Acres:
    • 0.6
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Trinity Real Estate Services
Trinity Real Estate Services
(619) 972-8311
11622 El Camino Real #100 San Diego CA 92130
no name available Trinity Real Estate Services
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32.69579 -117.17455

308-330 Orange Ave Coronado, CA 92118

319371782 32.69579 -117.17455 107 /listing/319371782-150271794/308-330-orange-ave-coronado-ca-92118 False 0 19250000 101 220017903 False
  • $19,250,000
  • 26,351 lot
  • Est payment $103338.16/mo