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$3,875,000
Est. payment /mo
8 Beds
8 Baths
3,866 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 3,866 sqft
Price per Sqft $1,002
MLS Listing ID 260024203
Bedrooms 8
Full Baths 8
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
It is a distinct honor to present for sale for the first time in over thirty years, 971-79 D Avenue, Coronado, CA 92118, an exceptionally well-located five (5) unit multifamily property, ideally situated within three blocks from the beach, the iconic Hotel Del Coronado, and abundant shopping & dining along Orange Avenue. This charming garden-style community has Two (2) one-bedroom/one-bathroom units (±615 SF), and three (3) two-bedroom/two-bathroom units (±872 SF). There are three surface off-street parking spaces and two garages, as well as a laundry room and three large storage rooms on-site. The property features paved walkways accented by perimeter landscaping, including lush lawn(s), mature Magnolia trees, and well-manicured shrubs/flowers. Estimated to have been built in ±1949, the property is on a corner lot and features a two-story building, built of wood-frame construction upon an elevated foundation. The building has stucco exterior, a pitched roof, and many windows that have been replaced with dual-pane vinyl. Select units have been upgraded with vinyl plank flooring and lightly remodeled kitchens and bathrooms. Units are separately metered for gas and electricity, and there is a wide rear setback with space for bike/board storage for the residents. Given its unique and desirable coastal location, within walking distance to the beach, Hotel Del Coronado, shopping/dining, Glorietta Bay, et al., coupled with its good unit mix as a well-maintained Five-unit apartment community, near many multi-million dollar estates, this property is sure to do well.
Location
State CA
County San Diego
Area South Bay
Interior
Heating Wall
Flooring Hardwood, Other/Remarks
Fireplace No
Laundry Leased
Exterior
Parking Features Garages, Spaces
View Y/N No
Roof Type Composition
Total Parking Spaces 5
Building
Dwelling Type Apartment
Story 2
Others
Senior Community No
Tax ID 537-332-13-00
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Call Agent
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Listed by Joseph A Burrough, DRE#02014504 Palma Commercial
Nearby School & Business
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