NOT LISTED FOR SALE

202 B Ave Coronado, CA 92118

5 Beds
3 Baths
1,739 Sq Ft
1945 Built

Last Sold October 01, 2022

Last sale price $2,965,000 $1,705 Per Sq Ft

54 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Wood Siding
  • Coronado Village Elementary Rated A
  • Property is Fully Fenced
  • 3-minute walk to Coronado Landing Park

About This Home

As of October 2022

Rare opportunity in Coronado Village to own two charming homes on one lot. Both houses have been tastefully renovated. Homes have custom kitchens, new appliances, AC, new flooring, new bathrooms etc. This bayside location is a couple blocks to Ferry Landing, San Diego Bay, Tidelands Park, restaurants and shops. Many options for this investment. Rent one house and live in the other house. This property has not been deemed historic and is located in a R3 zone. Sale of Property contingent upon replacement. Buyers to cooperate with 1031 Exchange. Both homes are tenant occupied. 202 B Avenue leased for 3 bedroom/2 bathroom. $5,000 per month garage. 1216 Second Street. 2 bedroom/2 bathroom. $4,300 per month. No garage. Properties must be sold together. See attached upgrade list. Back on the market at no fault of the seller. Seller's waiting on cancellation paperwork.

Last Agent to Sell the Property

Kathy Koop

Berkshire Hathaway HomeServices California Properties License #00460840 Listed on: 07/23/2022

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Allison Koop Rice

Berkshire Hathaway HomeServices California Properties License #01818903

Last Buyer's Agent

Josh Higgins

Compass License #01459409

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Property is Fully Fenced
  • Central Air

Listing and Financial Details

  • Tenant pays for trash, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 536-162-25-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: South Bay
  • Cross Street: Second Street
  • Neighborhood: Village
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: CORONADO VILLAGE

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 536-162-25-00

Rental Info

  • Tenant Pays: Trash, Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 26.88
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2022 10/01/22 Sold $2,965,000 -1.2% $1,705 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $2,999,999 0.0% $1,725 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $2,999,999 +72.4% $1,725 / Sq Ft
07/19/2021 07/19/21 Sold $1,740,000 +5.5% $1,001 / Sq Ft View Prior Sale
02/05/2021 02/05/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $1,650,000 -- $949 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $32,997 $3,084,786 $2,705,040 $379,746
2024 $32,997 $3,024,300 $2,652,000 $372,300
2023 $32,475 $2,965,000 $2,600,000 $365,000
2022 $2,026 $71,564 $39,159 $32,405
2021 $2,015 $70,162 $38,392 $31,770
2020 $1,993 $69,444 $37,999 $31,445
2019 $1,991 $68,083 $37,254 $30,829
2018 $1,978 $66,749 $36,524 $30,225
2017 $1,883 $65,441 $35,808 $29,633
2016 $1,779 $64,158 $35,106 $29,052
2015 $1,687 $63,195 $34,579 $28,616
2014 $1,577 $61,958 $33,902 $28,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220019200

San Diego MLS

APN: 536-162-25-00