406-408 & 408B E Ave Coronado, CA ^$ 3,396,235

406-408 & 408B E Ave

^$ 3,396,235

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406-408 & 408B E Ave

Coronado, CA, 92118

^$ 3,396,235

Bedrooms5 Baths4.1

Monthly Estimate*

^$ 21,188

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Multi-Family Home for sale in Coronado, CA

for $3,396,235 with 5 bedrooms and 4 full baths, 1 half bath. This home was built in 2005 on a lot size of 0.080418.

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.

Multi-Family Active

Price

^$ 3,396,235

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.080418

Year Built

2005

Town/City

Coronado

County/Region

San Diego

MLS | Web ID

250045788

Features

General

Cooling N/K

Utilities Sewer Connected

Roof Composition

HOA Fee 0.0

Security Features N/K

Construction Materials Stucco

Pets Allowed Yes

Year Built 2005

Tenant Pays Cable TV Electricity Gas/Propane

View City Evening Lights Other/Remarks

Levels 3 Story

Property Subtype Res Income 2-4 Units

Building Name NA

County San Diego

Operating Expense 41604.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name CORONADO VILLAGE

Full Baths 4

Status ACTIVE

Directions From Orange Ave go West on 5th then Right on E Ave. Property will be on the Left.

City Coronado

Senior Community Y/N N

High School District Coronado Unified School District

Number Of Units Total 3

MLS Area South Bay

Lot Size Units Acres

Lot Size Square Feet 3503.0

Property Attached Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/snd/250045788

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Middle/Junior School District Coronado Unified School District

Elementary School District Coronado Unified School District

Cap Rate 2.75

Freehold IDX

Exterior

Fencing Full

Water Source Meter on Property

Lot Size Area 0.08

Number of Buildings 2

Building Area Total 2600.0

Waterfront Y/N N

Interior

Total Stories 3

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 1

Total Bedrooms 5

Total Baths 5

* Excluded Features

List By

Ken Pecus

Listing Agent

Exp Realty Of California, Inc

Broker

(619) 675-0123

Phone

Affordability Calculator

$21,188

Per Month

Monthly Principal & Interest: $21,188
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Coronado, CA

Average List Price ^$3,799,904

Percent of Sale Price 12%

About Coronado, CA

19,435 Population

-2% Since 2002

^$95,993 Median Income

41.14 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5192069 Elementary School

5192074 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/15/2025	$3,396,235		Listed Price

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406-408 & 408B E Ave, Coronado, CA, 92118 is a Multi-Family Home for sale at $3,396,235 with a lot size of 0.080418. 406-408 & 408B E Ave has 5 bedrooms, 4.1 baths, and was built in 2005. The property's zip code is 92118 which is in Coronado, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 12/18/2025.

CA BRE #019180026.

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406-408 & 408B E Ave

Multi-Family Home for sale in Coronado, CA

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