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$4,490,000
220028329SD MLS Active Status
Unique opportunity to own or develop this property located in a premier location one block to Coronado's Center Beach and one block to village shopping and dining. A preliminary design has been created by Christian Rice Architects, Inc. for the parcel. The design features four unique, town-home style residences, with a variety of sizes and bedroom configurations. 1) Each duplex unit (1054 & 1056) is 528 sq ft, 1BR/ 1BA with private patio and W/D (provided by owner). There is no parking assigned to either duplex unit. - 1054 (front unit) has a gas wall heater, no D/W. Both the gas stove & refrigerator are relatively new. - 1056 (back unit) has an electric wall heater. Also, a D/W (portable). 1056 has a vintage stove and a refrigerator. 2) 1058 (the standalone cottage) is 776 sq ft and has a 414 sq ft carport attached. It is a 2BR/1 BA and has a private yard/;patio behind the unit. It has a W/D in the carport, as well as a DW (portable) in addition to quite new gas stove & refrigerator. It has central heating (gas) but no. The carport is theoretically large enough for 2 cars, and there are 2 parking spaces in the driveway area in front of the carport, all assigned to 1058. 3) Both structures were built in 1951 (according to appraisals), have composite roofs and stucco exteriors, on raised foundations. 4) All utilities are paid by tenants (electrical, cable, etc). There are separate electrical meters for each unit but only one water meter for all 3 units. (Owner pays the water bill each month and each tenant reimburses owner for 1/3 of the cost.) 5) 1058's yard has automatic/ drip irrigation on a timer (owner pays for gardener). 1054 & 1056 have an irrigation system but it is not currently used by our tenants. Tenant waters own yard. 6) Sewer line is connected to 1052's sewer line. Owner and 1052 Isabella owners have the sewer line cleaned out twice a year by Bay & Shore Plumbing as a preventative measure, which seems to be sufficient to prevent backup. 7) Owner jointly with the Isabella Townhouses (on the corner of Isabella & E) have the palm trees on both properties trimmed once a year. 8) Utility lines are all underground. Sewer: Sewer Connected Unit # for Unit 1: 1054 Unit # for Unit 2: 1056 Unit # for Unit 3: 1058 Number of Furnished Units: 0 Topography: LL

1054 58 Isabella, Coronado

$7,950,000
220025440SD MLS Pending Status
Occasionally a singular moment in time can mean so much. When that moment is unseen in more than a generation or two, it deserves our full attention. Introducing a stunning opportunity to own, restore or redevelop one of the finest multi-family residential parcels on the Crown Isle. Situated perfectly at the crossroads of every sought-after amenity of living in the Village, this compound spanning 10,500sf is gleaming with promise. Its proximity has no peer. From the Mainstreet commercial district on one side to the elegance and concerts of Spreckels Park on the other, the location is the definition of perfection. Family stories of the past are ready to be rewritten with exciting new chapters of the future, all interwoven into what we all know that makes Coronado such a special place to call home. See Supplement for Details.. The possibilities are endless! The offering includes two parcels: a 25 x 140 lot adjacent to a 50 x 140 lot (APN #s 537-091-06-00 & 537-091-07-00). The total 10,500sf of R4-zoned land offers one unit per 1,090sf of land for a total of 9 potential future homes. There are ONLY 10blocks in ALL of Coronado Village with R4-zoning. Now think about this… THIS is the CLOSEST R4 block to The Beach, Uptown and The Hotel Del. Current configuration has a 2 bed, 1 bath single-family house and 2-car garage on the smaller lot. The larger parcel has a two structure 5-unit, 4-car garage set up. With 75 feet of prime frontage and rear alley, the flexibility of the lot is incredible. There is a stately duplex in the front, right corner which would be an amazing anchor for a new development surrounding a courtyard. Future uses could include developing multi-unit rentals, for-sale condos, or keep the existing infrastructure, rehab, restore and just own one of the most valuable trophy parcels in all of Coronado. Exterior: Wood/Stucco Sewer: Sewer Connected Unit # for Unit 1: 741 Unit # for Unit 2: 743 Unit # for Unit 3: 745 Unit # for Unit 4: 747 Number of Furnished Units: 0 Topography: LL

741 45 Orange Ave, Coronado

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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