R
Seller's Agent in 2022
Russ McKee
McKee Properties
741-47 G Ave Coronado, CA 92118
2
Beds
2
Baths
3,320
Sq Ft
--
Built
Highlights
- Wood Flooring
- Coronado Village Elementary Rated A
- Central Heating
About This Home
As of August 2022Rare opportunity to purchase a 5 (five) unit apartment complex located in the highly desirable beach community of Coronado. The property has been family owned for over 25 years, providing new ownership the opportunity to renovate apartment interiors to achieve significant rent premiums comparable to surrounding luxury rentals. The property boasts a favorable unit mix including 4 - 2 Bedroom/1Bath apartments and 1 - Studio apartment. Amenities include a spacious outdoor common area, off street parking and onsite laundry. DEVELOPMENT OPPORTUNITY - One of few remaining R-3 development sites in Coronado. Zoning allows for a 4 unit cloud Single Family development. All tenants on month-to-month tenancies.
Last Agent to Sell the Property
Russ McKee
McKee Properties License #00717005 Listed on: 06/02/2022
Last Buyer's Agent
Ken Nagel
Salas Properties License #01946378
Property Details
Home Type
- Multi-Family
Home Design
- Composition Roof
Interior Spaces
- 2 Bedrooms
- 3,320 Sq Ft Home
- 2-Story Property
- Wood Flooring
Parking
- 4 Parking Spaces
- Parking Available
Additional Features
- Lot Dimensions are 50x140
- Number of ADU Units: 4
- Central Heating
Listing and Financial Details
- Total Actual Rent $8,480
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- Operating Expense $12,140
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $4,400,000 | -11.9% | $1,325 / Sq Ft |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- |
| 06/02/2022 06/02/22 | For Sale | $4,995,000 | -- | $1,505 / Sq Ft |
Source: San Diego MLS
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 | $49,111 | $5,553,520 | $3,953,520 | $1,600,000 |
| 2024 | $49,111 | $4,435,000 | $3,976,000 | $459,000 |
| 2023 | $48,891 | $4,400,000 | $3,800,000 | $600,000 |
| 2022 | $9,906 | $695,353 | $438,319 | $257,034 |
| 2021 | $9,794 | $681,720 | $429,725 | $251,995 |
| 2020 | $9,512 | $674,731 | $425,319 | $249,412 |
| 2019 | $9,487 | $661,502 | $416,980 | $244,522 |
| 2018 | $9,362 | $648,532 | $408,804 | $239,728 |
| 2017 | $9,084 | $635,817 | $400,789 | $235,028 |
| 2016 | $8,718 | $623,351 | $392,931 | $230,420 |
| 2015 | $8,464 | $613,988 | $387,029 | $226,959 |
| 2014 | $8,132 | $601,962 | $379,448 | $222,514 |
Source: Public Records
Agents Affiliated with this Home
-
-
Brendan McKee
Seller Co-Listing Agent in 2022
Brendan McKee
McKee Properties
(619) 642-2711
2 in this area
11 Total Sales
-
K
Buyer's Agent in 2022
Ken Nagel
Salas Properties
Map
Source: San Diego MLS
MLS Number: 220013757
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