$3,396,235

406-408 & 408B E Ave, Coronado, CA 92118

  • 5 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

Property 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.

Listing Status:
Active
Date Added:
December 15, 2025 at 08:00AM
Listing Office:
eXp Realty of California, Inc :
Listing Agent:
Ken Pecus : 619-675-0123
MLS ID:
250045788
  • A/C: N/K
  • Roofing: Composition
  • General: Stucco3 Story
  • HOA Amenities: 0.0
  • Originating MLS: SDMLS
  • School District: Coronado Unified School District
  • County: San Diego
  • Zoning: 536-293-18-00
  • View: CityEvening LightsOther/Remarks
  • Fencing: Full
  • Utilities: Sewer Connected
  • Water: Meter on Property
  • Source: SDMLS

This listing courtesy of Ken Pecus, eXp Realty of California, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Coronado Village Elementary School

600 6th St, Coronado, CA, 92118

Grades KG-5

0.26 miles away

C

Coronado Middle School

550 F Ave, Coronado, CA, 92118

Grades 6-8

0.13 miles away

C

Coronado High School

650 D Ave, Coronado, CA, 92118

Grades 9-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.