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.
MLS #
SD250045788
MLS Source
San Diego MLS
Days on Site
1
Cooling
Other
Roof
Composition
Garage/Parking
Attached Garage, Other, Garage: Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 873 | 2 | 1/0 | $5,000 |
| 2 | 1,317 | 2 | 2/1 | $6,250 |
| 3 | 410 | 1 | 1/0 | $2,250 |
406-408 & 408b E Ave is a Triplex in Coronado, CA 92118. This – square foot property sits on a 3,503 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,396,235 and was built in 9999. This address can also be written as 406-408 & 408b E Ave, Coronado, CA 92118.
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This listing information is up-to-date as of December 16, 2025. For the most current information, please contact Ken Pecus, (619) 675-0123