$4,198,000

850 Olive Ave Coronado, CA 92118

Estimated payment $26,564/month

Total Views 6,596
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Community Barbecue Grill
  • Gated Home
  • Gravity Heating System
  • Coronado Village Elementary Rated A

About This Home

Just three blocks from Coronado’s iconic Center Beach, this beautifully upgraded four-unit apartment building offers an exceptional coastal investment opportunity. Ideally located near the island’s vibrant shops, restaurants, and cafes, the property blends prime location with turnkey convenience. Perfect for an owner-user, the lower one-bedroom units feature private patios—ideal for enjoying the indoor-outdoor lifestyle. All units have been thoughtfully renovated with luxury vinyl plank flooring, soft-close cabinetry, quartzite countertops, mini-split A/C and heat, and in-unit stacked laundry. Additional amenities include three off-street parking spaces, secure bike storage, and extra storage space. The building is offered fully furnished and income-producing, with immediate rental potential. Don’t miss this rare chance to own a high-performing property just steps from the sand. Schedule your private tour today!

Listing Agent

Ruth Ann Fisher

Del Coronado Realty License #01281432 Listed on: 07/16/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 3,218 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System

Additional Features

  • 2-Story Property
  • Drip Irrigation

Listing and Financial Details

  • Assessor Parcel Number 537-231-22-00

Community Details

Overview

  • 4 Units
  • Coronado Village Community

Amenities

  • Community Barbecue Grill

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 9th Street
  • Neighborhood: Coronado Village
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1958
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Rolled/Hot Mop

Utilities

  • Cooling: Wall/Window
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Coronado Village
  • Community: CORONADO VILLAGE
  • Complex Features: BBQ

Lot Info

  • Irrigation: Drip
  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 537-231-22-00
  • Estimated Lot Sq Ft: 3218

Multi Family

  • No. of Units: 4
  • Gross Sched Income Actual: 216000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 4
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Map

Range of Values:

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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 Change Sq Ft Price
07/16/2025 07/16/25 For Sale $4,198,000 0.0% --
04/01/2025 04/01/25 For Rent $4,500 0.0% --
09/02/2022 09/02/22 For Sale $2,500,000 -2.0% --
09/01/2022 09/01/22 Sold $2,550,000 -- --
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250033555

San Diego MLS

APN: 537-231-22-00