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

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 06:00AM

Listing Office:

eXp Realty of California, Inc : 619-675-0123

Listing Agent:

Ken Pecus : 619-675-0123

MLS ID:

250045788SD

Interior

• A/C: None
• Heating:

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: 3

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: 5362931800
• View: View

Financial

• Source: CRMLS_SAND

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