349 G Avenue, Coronado, California 92118, Coronado, 92118 - 7 bed, 5 bath
349 G Avenue
Coronado, California 92118
Property Price
SUMMARY
Analysis of 349 G Avenue, Coronado, California 92118 reveals a Fairly Priced Property with a current list price of $4,000,000 aligned with the estimated $4,000,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Coronado Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 349 G Avenue Subject | $4,000,000* List Price | 7 | 5 | 4,634 | $863 | - |
A 258 H Ave Active | $4,395,000 List Price | 7 | 6 | 4,627 | $950 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1986, consists of two units. While the rear unit has received recent cosmetic updates (new roof, stucco, floors, paint), the kitchens and bathrooms in both the front and rear units feature significantly outdated styles, cabinetry, countertops (e.g., tile), and fixtures. The appliances in the front unit's kitchen also appear older. The property is well-maintained and functional, but major components like kitchens and bathrooms show clear signs of being outdated and would require substantial renovation to meet current aesthetic and quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
- Prime Coronado Location
Situated in the highly desirable 'Coronado Village' on G Avenue, offering a prestigious address and access to a sought-after lifestyle.
- Exceptional Income & Multi-Generational Potential
Features two distinct, large homes (4BD/2.5BA front, 3BD/1.5BA rear) totaling 4634 sqft, providing significant rental income offset or ideal for multi-generational living.
CONSRISKS & DEFICIENCIES
- High Price Point
With a current list price of $4,000,000, the property targets a very specific, affluent buyer demographic, potentially limiting the pool of interested parties.
- Age of Main Structure
The front home, built in 1986, may require significant modernization or updates to meet contemporary luxury standards, as only the rear unit is noted as recently updated.
- Development Complexity
While the splittable lot offers potential, realizing this 'cash-out opportunity' would involve navigating complex city regulations, permits, and additional construction costs, which could be a lengthy and costly endeavor.
About 349 G Avenue
Ever dream of your own massive Coronado family compound? Or perhaps you have envisioned private Coronado living in a 3000+sqft home all while renting out a 3BD rear house for solid offset income? Well 349-351 G is the property you’ve been waiting for! The 3042sqft 4BD/2.5BA front home features an expansive and open downstairs, 2 outdoor spaces, large bedrooms, a generous west-facing upstairs balcony patio, and a two-car garage with 4 driveway spots! The 1592sqft 3BD/1.5BA rear home features a new roof, new stucco, new floors, and new paint. Between both homes, that's a whopping 4634sqft of livable space! Even better is the fact that the 7000sqft R1B lot has a super rare double driveway set-up: one off of G Avenue and the other off the alley! That means attached garages in both homes! With construction costs rising and city requirements looming, having two well-designed, large structures in place with ample parking just makes sense. And after your personal use of the existing structures, the underlying splittable lot offers an amazing cash-out opportunity. Both units are vacant and ready for your vision! Come see this rarely seen 2-on-1 Coronado property!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Coronado Unified Schools
Village Elementary School
Grades K-5 • 0.3 mi
Coronado Middle School
Grades 6-8 • 0.2 mi
Coronado High School
Grades 9-12 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 95% |
| Baths | 5.0 | 3.5 | 63% |
| Square foot | 4,634 | 2,469.5 | 88% |
| Lot Size | 7,000 | 3,482 | 77% |
| Price | $4.00M | $3.45M | 67% |
| Price per sq ft | $863 | $1.4K | 8% |
| Built year | 1986 | 1989 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 178 | 171 | 57% |
Pricing History
Listed for Sale
Oct 31, 2025
$4,000,000
$4,200,000
-5% Price Drop
Initial Listing
Price Change
Sep 10, 2025
$4,200,000
Initial Listing