NOT LISTED FOR SALE

320 C Ave Coronado, CA 92118

7 Beds
4 Baths
-- Sq Ft
7,000 Sq Ft Lot

Last Sold July 09, 2019

Last sale price $1,912,000

50 Days on Market

Highlights

  • Partially Fenced Property
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Coronado Village Elementary Rated A

About This Home

As of July 2019

Very unique property with 4 permitted non-conforming units on quiet street in R1B zoning. Significant opportunity to increase rents, upgrade units or redevelop the site. Zoning code allows for improvement and enlargement of non-conforming units, additional FAR and Lot Coverage allowed by code. Underlying land consists of two separate lots that can be developed into two single family lots with accessory units. Possible boundary adjustment to separate the existing units or convert to SFR with rental units. Neighborhoods: C Avenue Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 320 Unit # for Unit 2: 322 Unit # for Unit 3: 324 Unit # for Unit 4: 326 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

David Waitley

Heritage Re David Waitley Co B License #00939416 Listed on: 05/09/2019

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5362311900

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • C Avenue

Building Details

  • Net Operating Income $64,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • CapRate: 2.70
  • Park Name: C Avenue
  • Subdivision Name Other: Coronado Village
  • Zoning: R1B
  • Property Type: Residential Income
  • Parcel Number: 5362311900
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Size: 50 x 140
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 5815.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 64000.00
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Number With Refrigerator: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
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
07/09/2019 07/09/19 Sold $1,912,000 -16.8% --
06/28/2019 06/28/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $2,299,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $23,583 $2,091,048 $1,367,057 $723,991
2024 $23,583 $2,050,048 $1,340,252 $709,796
2023 $23,227 $2,009,852 $1,313,973 $695,879
2022 $22,812 $1,931,808 $1,262,950 $668,858
2021 $22,494 $1,931,808 $1,262,950 $668,858
2020 $21,903 $1,912,000 $1,250,000 $662,000
2019 $4,839 $262,197 $165,726 $96,471
2018 $4,789 $257,057 $162,477 $94,580
2017 $4,611 $252,018 $159,292 $92,726
2016 $4,397 $247,077 $156,169 $90,908
2015 $4,230 $243,367 $153,824 $89,543
2014 $4,022 $238,600 $150,811 $87,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190025296

California Regional Multiple Listing Service (CRMLS)

APN: 536-231-19-00