1054 58 Isabella

Coronado Beach South Island, Coronado, CA 92118

$4,490,000
Multi Family Townhouse

Property Description

Unique opportunity to own or develop this property located in a premier location one block to Coronado's Center Beach and one block to village shopping and dining. A preliminary design has been created by Christian Rice Architects, Inc. for the parcel. The design features four unique, town-home style residences, with a variety of sizes and bedroom configurations. 1) Each duplex unit (1054 & 1056) is 528 sq ft, 1BR/ 1BA with private patio and W/D (provided by owner). There is no parking assigned to either duplex unit. - 1054 (front unit) has a gas wall heater, no D/W. Both the gas stove & refrigerator are relatively new. - 1056 (back unit) has an electric wall heater. Also, a D/W (portable). 1056 has a vintage stove and a refrigerator. 2) 1058 (the standalone cottage) is 776 sq ft and has a 414 sq ft carport attached. It is a 2BR/1 BA and has a private yard/;patio behind the unit. It has a W/D in the carport, as well as a DW (portable) in addition to quite new gas stove & refrigerator. It has central heating (gas) but no. The carport is theoretically large enough for 2 cars, and there are 2 parking spaces in the driveway area in front of the carport, all assigned to 1058. 3) Both structures were built in 1951 (according to appraisals), have composite roofs and stucco exteriors, on raised foundations. 4) All utilities are paid by tenants (electrical, cable, etc). There are separate electrical meters for each unit but only one water meter for all 3 units. (Owner pays the water bill each month and each tenant reimburses owner for 1/3 of the cost.) 5) 1058's yard has automatic/ drip irrigation on a timer (owner pays for gardener). 1054 & 1056 have an irrigation system but it is not currently used by our tenants. Tenant waters own yard. 6) Sewer line is connected to 1052's sewer line. Owner and 1052 Isabella owners have the sewer line cleaned out twice a year by Bay & Shore Plumbing as a preventative measure, which seems to be sufficient to prevent backup. 7) Owner jointly with the Isabella Townhouses (on the corner of Isabella & E) have the palm trees on both properties trimmed once a year. 8) Utility lines are all underground. Sewer: Sewer Connected Unit # for Unit 1: 1054 Unit # for Unit 2: 1056 Unit # for Unit 3: 1058 Number of Furnished Units: 0 Topography: LL
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PROPERTY DETAILS

  • Exterior
    .19 Acres
  • Property Type
    Multi Family Townhouse
  • Year Built
    1951
  • MLS/Listing ID
    220028329SD
  • Days On Market
    19
Listing Courtesy of Berkshire Hathaway HomeService, Listing Agents Kathy Koop - CA DRE Lic. #00460840 - 619-985-8722 and Allison Koop Rice - CA DRE Lic. #01818903 - 619-490-9049