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$4,200,000
Est. payment /mo
7 Beds
6 Baths
UPDATED:
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 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 it is absolutely primed for easy value-add improvement. The 7000sqft R1B lot offers a very rarely seen configuration: a double-wide driveway off of G Avenue as well as drive-in 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, a generous west-facing upstairs balcony patio, and a two-car garage with 4 driveway spots! The rear home is a 1592sqft rent-ready 3BD/1.5BA built in 1960 with single garage and alley parking. It was renovated in 2024: new roof, new stucco, new floors, and new paint. Between both homes, that's a whopping 4634sqft of livable space, or 66% FAR! 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
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
Tax ID 536-211-09-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/250037237
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Listed by Jamie Tuckey Compass
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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