830 C Ave Coronado, CA 92118-2648

This exceptional investment opportunity presents two adjacent parcels in the vibrant Coronado Village, offering a unique blend of income-generating potential and historical charm. The offering includes 830 C Avenue, an eight-unit apartment complex currently boasting 100% occupancy. Each unit features two bedrooms and one bathroom, retaining original vintage kitchens and bathrooms. This presents a compelling opportunity for renovation and potential rental income increase. The complex is situated on one parcel (APN 537-251-18-00). The second parcel (APN 537-251-17-00) encompasses 832 C Avenue, a historically significant free-standing residence constructed in 1901. This three-bedroom, one-bathroom home (permitting status for bedrooms to be verified) offers a captivating glimpse into Coronado's rich past. The combined sale of these properties results in skewed standard financial metrics like GRM, as 832 C Avenue lacks rental history. This offering presents a rare chance to acquire a substantial piece of Coronado's heritage while capitalizing on the strong rental market. The property's central location within Coronado Village ensures convenient access to local amenities, businesses, and the island's renowned attractions. Serious investors are encouraged to conduct their own due diligence to fully assess the potential of this unique investment opportunity. The properties are being sold together.