406-408 & 408B E Ave Coronado, CA 92118
Estimated payment $18,843/month
Highlights
- City Lights View
- Property is Fully Fenced
- West of 101 Freeway
- Coronado Village Elementary Rated A
About This Home
Rare Coronado multi-unit investment opportunity. Properties like this seldom come to market, especially after being held long-term by the same ownership. This unique three-unit compound features a detached front 2-bedroom cottage, a spacious and light-filled 2-bedroom townhouse above, and a ground-floor studio plus a two-car garage at the rear. The upper townhouse offers generous living spaces and a sunny private terrace, ideal for long-term or premium rental appeal. The downstairs studio is perfectly suited for independent living, with strong demand potential for local military personnel utilizing off-base housing allowances. The front cottage is primed for thoughtful remodeling and offers a fantastic floorplan, entertaining sized front yard and a secluded patio in the back. Ideally located just a couple blocks to the schools, Concert In The Park, shopping, and easy transit, this is an excellent owner-occupant or value-add investment in one of Southern California’s most supply-constrained markets. Property is part of an estate sale and will convey as is.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2005
Lot Details
- 3,503 Sq Ft Lot
- Property is Fully Fenced
Parking
- Alley Access
Home Design
- Composition Roof
- Stucco
Interior Spaces
- 5 Bedrooms
- 2,600 Sq Ft Home
- 3-Story Property
- City Lights Views
Location
- West of 101 Freeway
- West of 5 Freeway
Community Details
Overview
- 2 Buildings
- 3 Units
- Coronado Village Subdivision
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $41,604
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | Price Changed | $2,990,000 | -6.3% | $1,150 / Sq Ft |
| 03/03/2026 03/03/26 | Price Changed | $3,190,000 | -6.1% | $1,227 / Sq Ft |
| 12/15/2025 12/15/25 | For Sale | $3,396,235 | -- | $1,306 / Sq Ft |
Source: San Diego MLS
MLS Number: 250045788
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