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Key Details
Sold Price $3,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2604044
Sold Date 09/25/26
Lot Size 7,000 Sqft
Lot Dimensions 50 x 143' (comb
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
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 7,018 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
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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Co-listed byJudy E Preston • JP Equity Real Estate Corp.
Bought with ED Bustamante South Bay Real Estate
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