277 C Avenue

Coronado, CA 92118

$7,990,000
Price
12
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Imagine stepping back in time to 1888, the year this unique, rare gem was built, cozily situated in the village of Coronado. A time when architecture was more than just bricks and mortar it was a work of art. This home is a testament to that era, a perfect embodiment of the Queen Anne Victorian architectural style. In 1999, this Victorian beauty was officially recognized for its historic significance and was designated as a Historic Resource. And just like a queen, it enjoys certain privileges. Thanks...Imagine stepping back in time to 1888, the year this unique, rare gem was built, cozily situated in the village of Coronado. A time when architecture was more than just bricks and mortar it was a work of art. This home is a testament to that era, a perfect embodiment of the Queen Anne Victorian architectural style. In 1999, this Victorian beauty was officially recognized for its historic significance and was designated as a Historic Resource. And just like a queen, it enjoys certain privileges. Thanks to the Mills Act, this property enjoys a reduction in property tax. A royal privilege, indeed. While the exterior retains its 19th-century charm, the interior underwent a complete makeover in 2017. This Victorian queen got a modern heart, with updated electrical, plumbing, and Cat5 cabling. But fret not, Victorian enthusiasts! The remodel was done with the utmost care to preserve the original spirit of the home. The house boasts 6 bedrooms, 4.5 baths, with 3,860 square feet of living space. The attic, once a forgotten space, has been transformed into the 6th bedroom, complete with its own kitchen and a full bathroom. But wait, there's more to this property than the Victorian beauty. Sitting at the back of the property are three (3) rental units, each with 2 bedrooms, 1 bath, and 920 square feet of space. A bonus for those looking for a potential source of income. The property is equipped with solar panels, located on the rental units. A big plus for those who are eco-conscious or simply looking to save on energy costs. it's a sought-after piece of Coronado's rich heritage.
  1. Listed by Joe Ellis • DRE #01757374 • Brokerage DRE #01757374 • Joseph Ellis , Broker

Property Details for 277 C Avenue

Cross Streets
3rd
Source Living Area
Assessor
Area
Coronado (CORO)
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
536-162-12-00

Location

Listing Courtesy of Joseph Ellis , Broker, Joe Ellis, DRE #01757374
Add your commute
LISTING UPDATED: 06/04/2024 12:06 AM

Property Details for 277 C Avenue

StatusActive
MLS #240011359SD
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Joseph Ellis , Broker, Joe Ellis, DRE #01757374
Add your commute

Building Information for 277 C Avenue

Stories3Residences-Year Built-Building Size-Lot Size-

Payment Calculator

$43,605 per month

30 year fixed, 7.25% Interest

Principal and Interest

$43,605

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 277 C Avenue

Community / Development
Community / Development
  • Complex Name: Village
  • Number Of Units: 4
  • Amenities: None
  • Association Fees Include: N/K
  • Builders Tract Name: Village
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 3
  • View: Yes
  • View Description: Bay, City, Evening Lights
  • Security Features: None
  • Water: Meter on Property
  • Sewer: Sewer Connected
  • Water District: CITY OF NATIONAL CITY
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $25.00
  • Gross Scheduled Income: $273,700
  • Cap Rate: 1.90%
  • Gross Rent Multiplier: $31.45
  • Other Income1: $.00
  • Total Annual Expense: 110000
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.17
  • Lot Location: Alley Access, Corner Lot, Other/Remarks
Parking Details
Parking Details
  • Parking Garage: Other/Remarks
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling Type: Attic Fan, Heat Pump(s), Wall/Window, Zoned Area(s)
  • Heating Type: Electric, Other, Solar, Zoned
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Spa: No
  • Roof: Composition
  • Fence: Full
  • Sprinklers: Automatic, Drip System, Sprinkler System
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, Exchange, Other
  • Tenant Pays: Cable TV, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,510.00
  • Unit Actual Rent: $2,510.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,150.00
  • Unit Actual Rent: $3,150.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,050.00
  • Unit Actual Rent: $3,050.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 6
  • Unit Baths: 4
  • Unit Rent: $14,100.00
  • Unit Actual Rent: $14,100.00
  • Unit Projected Rent: $14,500.00
  • Like Units: 1

Property History for 277 C Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 277 C Avenue

This home is within Coronado Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Village Elementary School
PublicK to 5

Coronado Middle School
Public6 to 8

Coronado High School
Public9 to 12

Sacred Heart Parish School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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277 C Avenue is a multi-family home for sale in Coronado, CA 92118. This property was listed for sale on May 14, 2024 by Joseph Ellis , Broker, it's currently listed at $7,990,000. This listing's school district is Coronado Unified School District. Nearby schools include Village Elementary School, Coronado Middle School and Coronado High School. 277 C Avenue is a 12-bed, 8-bath, multi-family home.

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Listing Courtesy of Joseph Ellis , Broker, Joe Ellis, DRE #01757374

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