Seller's Agent in 2022
Carson Trujillo
Whitewater CRE Inc
(858) 373-3285
37 Total Sales
1113 Adella Ave Coronado, CA 92118
Estimated Value: $9,309,464
6
Beds
5
Baths
2,500
Sq Ft
$3,724/Sq Ft
Est. Value
Highlights
- Gated Community
- Community Barbecue Grill
- Property is Fully Fenced
- Coronado Village Elementary Rated A
- Forced Air Heating and Cooling System
- 5-minute walk to Star Park
About This Home
As of November 2022Pleased to present for sale Coronado Carriage Quarters, a 2-suite luxury vacation rental on Coronado Island with attractive future redevelopment potential. Resting on a 7,294 SF lot, this property offers 2,920 SF of current rentable area. This unique opportunity has a rare hotel/motel zoning designation enabling investors to capitalize on short term rentals in one of the top destinations for tourism in the United States. Anywhere on the Island outside of this zoning requires a 26-night minimum. Coronado Carriage Quarters is located at 1113 Adella Avenue, just across the street from the world renown Hotel Del Coronado and the Pacific Ocean. Investors may continue to operate this profitable vacation rental as is or redevelop the site to maximize zoning potential. The hotel/motel zoning designation allows for a variety of uses and this designation is exclusive to only two spots on the island. This luxury property features 2 spacious residences: (1) 3-bedroom/3-bathroom and (1) 3-bedroom/1.5-bathroom. Each residence is located on its own floor and is rented fully furnished for guests. The property has been elegantly renovated with high end finishes and features a modern interior design. Guests enjoy access to a private communal courtyard, off street parking (5 spaces), and central heating and air conditioning. Coronado is one of the most exclusive real estate markets in Southern California making 1113 Adella a generational asset. Across the street from the #1 ranked beach in the United States, this legacy property is positioned for a high level of appreciation in the years to come.
Last Agent to Sell the Property
Whitewater CRE Inc License #01974818 Listed on: 03/31/2022
Co-Listed By
Connor Stolle
Marcus & Millichap
Last Buyer's Agent
Maria Lopez
Mr Agent RE License #02092476
Property Details
Home Type
- Multi-Family
Year Built
- 1949
Lot Details
- 7,275
Home Design
- Concrete Roof
- Stucco Exterior
Additional Features
- 2-Story Property
- Property is Fully Fenced
- Forced Air Heating and Cooling System
Community Details
- 2 Units
- Community Barbecue Grill
- Net Operating Income $269,299
- Gated Community
Listing and Financial Details
- Assessor Parcel Number 537-570-10-00
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2022
Closed on
Nov 2, 2022
Sold by
Bought by
Seller's Agent
Carson Trujillo
Whitewater CRE Inc
Buyer's Agent
Maria Lopez
Mr Agent RE
List Price
$8,000,000
Sold Price
$8,028,000
Premium/Discount to List
$28,000
0.35%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,281,464
Avg. Annual Appreciation
4.16%
Purchase Details
Closed on
Oct 1, 2019
Sold by
Bought by
Purchase Details
Closed on
Dec 11, 2015
Sold by
Bought by
Purchase Details
Closed on
Oct 31, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.98%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $8,028,000 | Lawyers Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $1,397,500 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $750,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2022 11/04/22 | Sold | $8,028,000 | +0.4% | $3,211 / Sq Ft |
| 04/16/2022 04/16/22 | Pending | -- | -- | -- |
| 03/31/2022 03/31/22 | For Sale | $8,000,000 | -- | $3,200 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $86,649 | $8,352,331 | $7,594,920 | $757,411 |
| 2024 | $86,649 | $8,188,560 | $7,446,000 | $742,560 |
| 2023 | $85,241 | $8,028,000 | $7,300,000 | $728,000 |
| 2022 | $22,352 | $2,051,718 | $1,804,691 | $247,027 |
| 2021 | $22,021 | $2,011,489 | $1,769,305 | $242,184 |
| 2020 | $21,405 | $1,990,864 | $1,751,163 | $239,701 |
| 2019 | $21,333 | $1,951,828 | $1,716,827 | $235,001 |
| 2018 | $20,970 | $1,913,558 | $1,683,164 | $230,394 |
| 2017 | $20,579 | $1,876,038 | $1,650,161 | $225,877 |
| 2016 | $19,938 | $1,839,254 | $1,617,805 | $221,449 |
| 2015 | $19,612 | $1,811,628 | $1,593,505 | $218,123 |
| 2014 | $18,984 | $1,762,416 | $1,562,291 | $200,125 |
Source: Public Records
Agents Affiliated with this Home
-
Carson Trujillo
-
C
Seller Co-Listing Agent in 2022
Connor Stolle
Marcus & Millichap
-
M
Buyer's Agent in 2022
Maria Lopez
Mr Agent RE
-
Ivan Kim-Fregoso
I
Buyer Co-Listing Agent in 2022
Ivan Kim-Fregoso
MR Agent Real Estate Inc.
(619) 608-4786
37 Total Sales
Map
Source: San Diego MLS
MLS Number: 220007346
APN: 537-570-10
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