848 Olive Avenue, Coronado, CA 92118
848 Olive Avenue, Coronado, CA 92118
Property Description
Opportunity Knocks in Coronado! This charming Coronado cottage is ready for a new owner or investor with the vision to restore its character and bring it back to life! Offering 2 bedrooms, 1.5 bathrooms, and 1,071 square feet on a 4,069-square-foot lot, the property presents an opportunity to renovate, reimagine, or explore future possibilities. Touches of old-world charm remain, including some windows and a built-in china cabinet in the dining room. Additional features include a basement area and a detached garage converted to living space without permits. Tax records indicate R-3 zoning; buyers to verify zoning, permitted uses, and development possibilities. Ideally situated west of Orange Avenue in an established residential neighborhood, away from the busy tourist areas, yet about ½ mile from Coronado's beautiful beaches. Bring your imagination and explore the possibilities!
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Coronado · Single Family Residence
Listed 9.2% above the median closed sale of $1,740,000. Price per sqft ($1,774) is a 14% discount to closed comps ($2,058). Closed comps sold at 103% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 912 Bush Street | Mission Hills (San Diego) | 2020 | 2 | 2 | 1,153 | 4,185 | $1,213 | $1.40M | 5 | 92 |
| 3911 California Street | San Diego | 1941 | 3 | 2 | 1,157 | 4,022 | $1,208 | $1.40M | 53 | 90 |
| 3606 FLORIDA ST | San Diego | 1926 | 3 | 2 | 1,085 | 3,024 | $1,197 | $1.30M | 68 | 88 |
| 2834 L Street | San Diego | 1948 | 2 | 1 | 970 | 4,791 | $1,005 | $975,000 | 39 | 84 |
| 1620 Glenwood Drive | San Diego | 2024 | 2 | 2 | 1,260 | 4,791 | $774 | $975,000 | 146 | 83 |
| Total: 5 · Average | 2.4 | 1.8 | 1,125 | 4,162.6 | $1,079.4 | $1.21M | 62.2 | |||
| Median | 1,153 | $1.30M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 139 I Avenue | Coronado | 1961 | 05/11/2026 | 3 | 2 | 1,406 | 3,647 | $2.00M | $2.38M | $1,696 | 1.20 | 28 | 77 |
| 540 H Avenue | Coronado | 1942 | 05/28/2026 | 2 | 1 | 820 | 5,746 | $2.50M | $2.62M | $3,195 | 1.05 | 32 | 72 |
| 617 8th | Coronado | 1913 | 08/24/2026 | 1 | 1 | 708 | 2,434 | $2.00M | $1.70M | $2,401 | 0.85 | 100 | 68 |
| 1212 2nd Street | Coronado | 1951 | 08/21/2026 | 1 | 1 | 551 | 1,199 | $1.09M | $1.07M | $1,951 | 0.99 | 31 | 51 |
| 18 Kingston Court | Coronado | 1980 | 08/31/2026 | 2 | 2 | 1,665 | 246,549 | $1.63M | $1.74M | $1,045 | 1.07 | 19 | 46 |
| Total: 5 · Average | 1.8 | 1.4 | 1,030 | 51,915 | $1.90M | $1.90M | $2,057.6 | — | 42 | ||||
| Median | 820 | $1.74M | $1.74M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.