Seller's Agent in 2023
Kenneth Pecus
eXp Realty of California, Inc
(619) 977-8419
16 in this area
185 Total Sales
741-45 Orange Ave Coronado, CA 92118
7
Beds
5
Baths
--
Sq Ft
--
Built
Highlights
- Ocean View
- Partially Fenced Property
- Wood Siding
- Coronado Village Elementary Rated A
- Level Lot
- 3-minute walk to Spreckels Park
About This Home
As of January 2023Occasionally a singular moment in time can mean so much. When that moment is unseen in more than a generation or two, it deserves our full attention. Introducing a stunning opportunity to own, restore or redevelop one of the finest multi-family residential parcels on the Crown Isle. Situated perfectly at the crossroads of every sought-after amenity of living in the Village, this compound spanning 10,500sf is gleaming with promise. Its proximity has no peer. From the Mainstreet commercial district on one side to the elegance and concerts of Spreckels Park on the other, the location is the definition of perfection. Family stories of the past are ready to be rewritten with exciting new chapters of the future, all interwoven into what we all know that makes Coronado such a special place to call home. See Supplement for Details.. The possibilities are endless! The offering includes two parcels: a 25 x 140 lot adjacent to a 50 x 140 lot (APN #s 537-091-06-00 & 537-091-07-00). The total 10,500sf of R4-zoned land offers one unit per 1,090sf of land for a total of 9 potential future homes. There are ONLY 10blocks in ALL of Coronado Village with R4-zoning. Now think about this… THIS is the CLOSEST R4 block to The Beach, Uptown and The Hotel Del. Current configuration has a 2 bed, 1 bath single-family house and 2-car garage on the smaller lot. The larger parcel has a two structure 5-unit, 4-car garage set up. With 75 feet of prime frontage and rear alley, the flexibility of the lot is incredible. There is a stately duplex in the front, right corner which would be an amazing anchor for a new development surrounding a courtyard. Future uses could include developing multi-unit rentals, for-sale condos, or keep the existing infrastructure, rehab, restore and just own one of the most valuable trophy parcels in all of Coronado.
Last Agent to Sell the Property
eXp Realty of California, Inc License #01056969 Listed on: 10/07/2022
Last Buyer's Agent
Ken Nagel
Salas Properties License #01946378
Property Details
Home Type
- Multi-Family
Lot Details
- 10,500 Sq Ft Lot
- Partially Fenced Property
- Level Lot
Parking
- Alley Access
Property Views
- Ocean
- City Lights
- Park or Greenbelt
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
Utilities
- Heating System Uses Natural Gas
- Separate Water Meter
Community Details
- 3 Buildings
- 5 Units
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Assessor Parcel Number 537-091-07-00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/25/2023 01/25/23 | Sold | $7,950,000 | 0.0% | -- |
| 10/28/2022 10/28/22 | Pending | -- | -- | -- |
| 10/10/2022 10/10/22 | For Sale | $7,950,000 | 0.0% | -- |
| 10/10/2022 10/10/22 | Off Market | $7,950,000 | -- | -- |
| 10/07/2022 10/07/22 | For Sale | $7,950,000 | -- | -- |
Source: San Diego MLS
Tax History Compared to Growth
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 | $59,294 | $5,406,000 | $4,896,000 | $510,000 |
| 2024 | $59,294 | $5,406,000 | $4,896,000 | $510,000 |
| 2023 | $30,497 | $600,358 | $402,258 | $198,100 |
| 2022 | $8,906 | $600,358 | $402,258 | $198,100 |
| 2021 | $8,809 | $588,587 | $394,371 | $194,216 |
| 2020 | $8,629 | $582,553 | $390,328 | $192,225 |
| 2019 | $8,608 | $571,131 | $382,675 | $188,456 |
| 2018 | $8,501 | $559,933 | $375,172 | $184,761 |
| 2017 | $8,237 | $548,955 | $367,816 | $181,139 |
| 2016 | $7,898 | $538,192 | $360,604 | $177,588 |
| 2015 | $7,656 | $530,109 | $355,188 | $174,921 |
| 2014 | $7,344 | $519,726 | $348,231 | $171,495 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Pecus
-
K
Buyer's Agent in 2023
Ken Nagel
Salas Properties
-
Edith Salas
Buyer Co-Listing Agent in 2023
Edith Salas
Salas Properties
(619) 905-5780
49 in this area
61 Total Sales
-
Blake Cory
Buyer Co-Listing Agent in 2023
Blake Cory
eXp Realty of California, Inc.
(877) 655-6613
1 in this area
1,356 Total Sales
Map
Source: San Diego MLS
MLS Number: 220025440
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