349-351 G Avenue Open House

Coronado,CA 92118

$ 4200000

7 Beds

6 Baths

0 SqFt


OPEN HOUSE

Sat Aug 30, 10:00am - 12:00pm  Sun Aug 31, 10:00am - 12:00pm 

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Coronado Village

MLS Listing ID 250037237

Bedrooms 7

Full Baths 3

Half Baths 2

Year Built 1986

Property Sub-Type Res Income 2-4 Units

Property Description

Well away from the mixed-zoning bustle of Orange Avenue, the uniquely open intersection of Palm and G adds privacy for nearby homes and greatly decreases the influence of traffic from 4th Street. 349-351 G is a Coronado Village 2-on-1 that was built with maximum size and efficiency in mind and is absolutely primed for value-add improvement. The 7000sqft R1B lot offers a very rarely seen configuration: a double-wide driveway off of G Avenue as well as private alley access for the rear unit; so both homes have attached garages and private entry. With construction costs rising and city requirements looming, having two well-designed, large structures in place with ample parking pays quick dividends (although you can re-develop entirely and build two new side-by-side homes - buyer to verify). The front home is a large 3042sqft 4BD/2.5BA home built in 1986 and features an expansive and mostly open downstairs with 2 sliding windows to enclosed outdoor spaces, large bedrooms, and a generous west-facing upstairs balcony patio that orients perfectly to catch sunset light. The rear home is a 1592sqft rent-ready 3BD/1.5BA built in 1960 that was renovated in 2024, including new roof, new stucco, new floors, and new paint. Between both homes, that's a whopping 4634sqft of livable space, or roughly 66% FAR (floor area ratio)! Whether living in one and renting the other, cash-flowing both homes as an investor, re-developing into two new homes, or turning the entire property into a memory-making family compound, you have a massive head start towards strong equity and generational wealth.

Location

State CA

County San Diego

Area South Bay

Interior

Cooling Central Forced Air

Exterior

Fence Full

View Y/N No

Roof Type Tile/Clay

Building

Story 2

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