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$3,250,000
Est. payment /mo
7,078 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 7,078 sqft
Price per Sqft $459
MLS Listing ID 260017117
Lot Size 7,000 Sqft
Lot Dimensions 50X143
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
Check out this competitively priced income opportunity! We proudly present a rarely available 7-unit residential income property in the heart of Coronado. Combining two lots totaling 7,078 square feet and zoned R-3 and classified under Tier 3. 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
Area South Bay
Zoning R-3
Direction 5 to Coronado Bay Bridge (75) Right on B- Left on 2nd Left on D
Interior
Cooling None
Fireplace No
Exterior
Parking Features Spaces
View Y/N No
Total Parking Spaces 7
Building
Dwelling Type Fourplex,Other/Remarks,Triplex
Story 1
Others
Senior Community No
Tax ID 536-152-03
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Call Agent
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Listed by Judy E Preston, DRE#02205944 JP Equity Real Estate Corp.
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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