326 28 H Ave, Coronado, California 92118, Coronado, 92118 - 4 bed, 2 bath
ACTIVE$3,550,000
326 28 H Ave, Coronado, California 92118
4Beds
2Baths
1,982Sqft
7,178Lot
Price Vs. Estimate
The estimated value ($3,402,934.19) is $147,065.81 (4%) lower than the list price ($3,550,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated in the highly desirable Heart of Coronado Village, the property offers unparalleled access to the beach, bay, local shops, and restaurants, enhancing its lifestyle appeal and investment value.
Top Cons:
Age of Original Construction: Despite recent remodels, the homes were originally built in 1955, which may imply older underlying infrastructure (e.g., plumbing, electrical) that could require future upgrades or maintenance beyond cosmetic improvements.
Compared to the nearby listings
Price:$3.55M vs avg $3.50M (+$53,000)53%
Size:1,982 sqft vs avg 2,405 sqft29%
Price/sqft:$1.8K vs avg $1.5K71%
More Insights
Built in 1955 (70 years old).
Condition: The property, built in 1955, has undergone significant recent remodels, including updated kitchens with modern gray cabinetry, quartz countertops, and stainless steel appliances, as well as newer roofs installed in 2020. The flooring is updated with light wood-look laminate and wood, and the rear home features a modern mini-split AC system. While many areas present as move-in ready with contemporary finishes, the bathroom in the front home retains older, peachy-beige tiles and fixtures, indicating it was not part of the recent extensive renovation. This prevents an 'Excellent' rating, but the overall condition, recent major updates, and move-in readiness align well with a 'Good' score.
Year Built
1955
Close
-
List price
$3.55M
Original List price
$3.55M
Price/Sqft
$1,791
HOA
-
Days on market
-
Sold On
-
MLS number
250044214SD
Home ConditionGood
Features
Patio
View-
About this home
Two-on-One Opportunity in the Heart of Coronado Village! This premier 7,000 sq.ft. lot features two beautifully remodeled single-story homes, each with 2 bedrooms and 1 bathroom. The front home is approximately 990 sq.ft., and the rear home is 973 sq.ft., both with updated finishes, charming outdoor spaces, and newer roofs installed in 2020. Move-in ready and incredibly versatile, this property is ideal for investors, multi-generational living, or those who want to live in one home and rent the other. Enjoy ample off-street parking and explore the long-term potential to expand or build new. All just moments from the beach, bay, shops, and restaurants, an exceptional opportunity in the central village.
Condition Rating
Good
The property, built in 1955, has undergone significant recent remodels, including updated kitchens with modern gray cabinetry, quartz countertops, and stainless steel appliances, as well as newer roofs installed in 2020. The flooring is updated with light wood-look laminate and wood, and the rear home features a modern mini-split AC system. While many areas present as move-in ready with contemporary finishes, the bathroom in the front home retains older, peachy-beige tiles and fixtures, indicating it was not part of the recent extensive renovation. This prevents an 'Excellent' rating, but the overall condition, recent major updates, and move-in readiness align well with a 'Good' score.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable Heart of Coronado Village, the property offers unparalleled access to the beach, bay, local shops, and restaurants, enhancing its lifestyle appeal and investment value.
Versatile Income/Living Opportunity: The 'two-on-one' configuration with two separate, remodeled homes provides exceptional versatility for investors seeking rental income, multi-generational families, or owner-occupants looking to offset living costs.
Updated & Move-in Ready: Both single-story homes have been beautifully remodeled with updated finishes and feature newer roofs installed in 2020, ensuring a move-in ready condition with reduced immediate maintenance concerns.
Significant Development Potential: The premier 7,000 sq.ft. lot offers long-term potential for expansion of existing structures or the opportunity to build new, providing substantial future value appreciation.
Ample Off-Street Parking: The property includes ample off-street parking, a highly valuable amenity in a dense and desirable area like Coronado Village, adding convenience for residents and guests.
Cons
Age of Original Construction: Despite recent remodels, the homes were originally built in 1955, which may imply older underlying infrastructure (e.g., plumbing, electrical) that could require future upgrades or maintenance beyond cosmetic improvements.
Compact Unit Sizes: Each individual 2-bedroom, 1-bathroom unit is relatively compact (approximately 970-990 sq.ft.), which might be considered small for some buyers, especially given the premium price point in Coronado.
Unspecified Development Hurdles: While the lot offers potential for expansion or new construction, the description does not detail specific zoning regulations or the potential complexities and costs associated with obtaining permits in Coronado, which could be a significant hurdle for future development.