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370 Orange Ave
370 Orange Ave, Coronado, CA 92118
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FOR SALEHospitality / Motel
Cap Rate
4.92%
NOI
$230,967
Building Size
1,895SF
Lot Size
6866SF
Zoning
R-4
Currently Leased
No
Listing Contacts
More property details
Investment
Value Add
Ownership
Private
Location
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370 Orange Ave
About the location
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.