NOT LISTED FOR SALE

341 H Ave Coronado, CA 92118

5 Beds
3 Baths
2,548 Sq Ft
6,304 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $1,682,500 $660 Per Sq Ft

219 Days on Market

Highlights

  • Floor Furnace
  • Coronado Village Elementary Rated A
  • Partially Fenced Property

About This Home

As of December 2018

GOOD NEWS! PRICE REDUCTION: Two exceptionally maintained, cottage style buildings containing 3 individual units situated on a triangular parceled lot up for sale for the first time since the 1950’s. Due to the triangular lot the neighbors are a bit removed which creates a sense of privacy to the two buildings. Two units:2BR/1BA with in unit laundry. One unit above 2-car garage is a 1BR/1BA. There are 3 separate gas and electric meters and 1 water meter. PLEASE: DO NOT disturb tenants. Located in a quiet residential setting where Palm and H Avenue intersect yet close to quick Coronado Bridge access a block away. Buildings were built in 1940 and boast many architecturally significant details such as crown molding, arched opened doorways, original hardwood floors and large bay windows. All three units feature built in cabinetry and drawers throughout. Two units contain two bedrooms and one bathroom with in unit laundry room. The upper unit has a charming, private balcony off the living room.The unit above the 2-car garage is accessed by an exterior staircase. This unit is a one bedroom, one bathroom and features three closets with windows in every room providing ample natural light. Its laundry room is located in the garage beneath the unit. The spacious garage has room for two vehicles and plenty of storage. In addition, there is a separate workroom located next to the garage that contains a built-in workbench and shelving. There are 3 separate gas and electric meters and one water meter. The landscaping is low maintenance with rock, some trees and plants requiring little water. The common area behind the two buildings is fenced in for privacy with a sizable concrete surface for outdoor entertaining. There is a separate storage space hidden from view for the trash bins of each unit. Ascent Real Estate does not guarantee square footage or lot size. Buyer is advised to independently verify the accuracy through personal inquiry and inspections prior to remova...

Last Agent to Sell the Property

Therese Pallares

Coldwell Banker West License #01923092 Listed on: 04/04/2018

Coldwell Banker West

Last Buyer's Agent

Patrick Noonan

Berkshire Hathaway HomeServices California Properties License #01865118

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,304 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5362030100

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Coronado Village

Building Details

  • Net Operating Income $49,265

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • CapRate: 2.62
  • Park Name: Coronado Village
  • Subdivision Name Other: Coronado Village
  • Zoning: R-1B
  • Property Type: Residential Income
  • Parcel Number: 5362030100
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

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

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Floor Furnace

Lot Info

  • Lot Size Sq Ft: 6304.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 63000.00
  • Lot Size Area: 6304.0000 Square Feet
  • Net Operating Income: 49265.00
  • Number Of Units Total: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
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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
12/21/2018 12/21/18 Sold $1,682,500 -19.7% $660 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $2,095,000 -- $822 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,978 $1,876,856 $1,561,724 $315,132
2024 $20,978 $1,840,055 $1,531,102 $308,953
2023 $20,659 $1,803,977 $1,501,081 $302,896
2022 $20,287 $1,768,606 $1,471,649 $296,957
2021 $20,002 $1,733,929 $1,442,794 $291,135
2020 $19,471 $1,716,150 $1,428,000 $288,150
2019 $19,409 $1,682,500 $1,400,000 $282,500
2018 $10,507 $836,355 $721,768 $114,587
2017 $10,253 $819,957 $707,616 $112,341
2016 $9,863 $803,881 $693,742 $110,139
2015 $9,665 $791,807 $683,322 $108,485
2014 $9,359 $776,297 $669,937 $106,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180017226

California Regional Multiple Listing Service (CRMLS)

APN: 536-203-01-00