For those looking for a lucrative investment opportunity in the heart of Coronado’s charming Village, look no further than this rare and fully turnkey four-plex apartment building just three blocks from the beach. With a long list of upgrades, this revenue-generating asset is sure to impress even the most discerning buyer.
From the moment you step inside, you’ll be greeted by new luxury vinyl flooring with a wide plank white oak finish throughout. Each unit features upgraded kitchens and bathrooms, AC, and laundry, ensuring that tenants are comfortable and satisfied with their living arrangements. The two lower units also offer spacious patios, perfect for grilling or enjoying the temperate climate that Coronado is known for. The upstairs units boast views of the surrounding neighborhood and increased privacy, making them ideal for professionals or families.
In addition to the impressive upgrades, all units come fully furnished, with in-place rental income expected to exceed $200,000 over the first 12 months. Tenants also enjoy secure bike parking and three off-street covered parking spots, ensuring that they have everything they need for a comfortable and convenient living experience.
Located just three blocks from the beach, this four-plex is perfectly situated in the heart of Coronado’s charming Village. With easy access to shops, restaurants, and entertainment, tenants will never be bored or lack for things to do. And with a location this prime, investors can rest assured that their investment will continue to appreciate in value over time.
Overall, this California investment property for sale is an exceptional opportunity for anyone looking to add a revenue-generating asset to their portfolio. With a long list of upgrades, fully furnished units, and in-place rental income, this four-plex is sure to impress even the most discerning investor. So don’t wait – schedule a viewing today and see for yourself why this property is such a rare find in Coronado’s charming Village.