221-225 D Avenue, Coronado, CA 92118
221-225 D Avenue, Coronado, CA 92118
221-225 D Avenue, Coronado, CA 92118
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Kobe Zimmerman

Kobe Zimmerman

+1(858) 753-3353
$3,600,000
Est. payment /mo
7,000 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2604044

Lot Size 7,000 Sqft

Lot Dimensions 50 x 143' (comb

Property Sub-Type Res Income 2-4 Units

Property Description

We proudly present a rarely available 7-unit residential income property in the heart of Coronado. Combining two lots totaling 7,018 square feet and zoned R-3 and classified under Tier 3 (historic review not required). Exceptional opportunity that surfaces once in a market cycle just blocks from the iconic Ferry Landing with its waterfront dining, boutique shops, and direct access to San Diego Bay. Both APNs are being sold together. For the value-add investor, the existing units offer immediate upside through renovation and repositioning in one of California's most supply-constrained rental markets. For the developer or land banker, the R-3 zoning and combined lot size present a compelling future path hold the asset, collect income, and develop a premium townhome community when the time is right. Whether your strategy is renovate, hold, or build, this property checks the box. Coronado does not offer second chances on opportunities like this one.

Location

State CA

County San Diego

Direction 5 to Coronado Bay Bridge (75) Right on B- Left on 2nd Left on D

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 5361520300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Probate Sbjct to Overbid

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MLS Router / San Diego MLS
Listed by Penny Nathan, DRE#01275714 Ascent Real Estate 

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221-225 D Avenue