Description
This property is ideally positioned in a supply-constrained prime location in Coronado, just steps from the beach, bay, Ferry Landing, and the iconic Hotel del Coronado. Originally built as a 10-unit apartment building, it now operates as a legally nonconforming, grandfathered 11-room motel, offering flexible use potential. The site includes six on-site parking spaces and a bi-level outdoor patio, enhancing guest appeal. With a Walk Score of 86, the property benefits from strong pedestrian accessibility along Orange Avenue. Zoned R-4 and situated on an approximately 7,000-square-foot lot, it presents multiple strategic options for investors, including continued operation, value-add enhancements, or future redevelopment.
Listing Details
- Cap Rate
4.92%
- Space Type
hospitality
- Sub Category
motel
- Date Listed
3/27/2026
- Ownership Info
Private
- Investment Type
Value Add
- Net Operating Income
$230,967
Property Specifics
- Property Name
370 Orange Ave
- Building Size
1,895 SF
- Lot Size
6,866 SF
- Zoning
R-4


