Property Detail

406 E Ave

Coronado CA 92118

$3,190,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Ken Pecus of eXp Realty of California, Inc. Last updated 2026-04-02 08:11:28.000000. Listing information © 2025 CRMLS.

Quinten Sharp

Quinten Sharp

DRE# 00973844
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