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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