Coronado Affordable Luxury: Least Expensive Village Condo

Coronado and affordable rarely are found in the same sentence. However, we have discovered, for Coronado, there are affordable properties. After researching Coronado real estate, we realized there is an underserved market. Every Coronado real estate agent wants to sell the $2,000,000 properties. But it occurred to us to ask the question "What if you want to live in Coronado, but are not a $2,000,000 buyer?" Who serves your interests? We do and we decided to tell you what we find as "bargains" in Coronado and why they are bargains.

Here is our "affordable" Coronado property for today. This is the least expensive Coronado condo located in the Village. This is a one bedroom/one bath condo located at 422 G Avenue and priced at $399,000. This project was actually built in 1943 and they were rental units. As you could guess, this housing was used for residents during World War II. Later these units were "condoized" (a new word I have invented) and sold to individual owners. The unit is approximatel 534 square feet and if you think that is small, you are correct.

That being said, this is still the "foot in the door" to Coronado. People purchase in Coronado for the lifestyle, not necessarily the size. The unit also includes a fireplace, which is unusual for units so small. There are some interesting things about this listing. The property has been placed into Sandicor's Multiple Listing Service (MLS) but you can't see the unit yet. Sometimes I wonder why agents enter properties into the MLS and then tell us we can't show the properties and you as a consumer can't see the units. It's odd behavior to my way of thinking. It's like going to Walmart and telling the consumer we have a great sale on televisions, but you can't see the TV for a week or two, or maybe not at all until you purchase it.

Pricing is definitely affected by location in Coronado. This unit would actually be more valuable if it were located a few blocks away. The reason I say that is because this project is located between 4th and 5th Ave. 4th Avenue is a very, very busy street. It is the exit from North Island Naval Air Station and as you can see from the photos, it is busy even on a Saturday when I took the photos.

Even the fact that the traffic is close by will not deter someone who wants to live in Coronado. You purchase here because you want the close-knit feeling provided by the city. You want to be able to walk to the stores, the parks, the schools, the Pacific Ocean. You want the lifestyle.

If you would like to view this condo (assuming we can one day soon), or would like the list of affordable Coronado Luxury Properties, just give us a call at 619-977-3174 or email us at sharyncrown@gmail.com.

This is a series of articles by Sharyn and Victoria Crown about Coronado Affordable Luxury.