221 225 D AVE, Coronado, CA 92118
221 225 D AVE, Coronado, CA 92118
221 225 D AVE, Coronado, CA 92118
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Denise Warren

Denise Warren

+1(562) 673-6254
$3,250,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2603721

HOA Y/N No

Year Built 1955

Property Sub-Type Multi Family

Property Description

Competitively Valued, 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

Area 92118 - Coronado

Zoning R-3

Interior

Fireplace No

Building

Lot Description Front Yard

Story 1

Others

Tax ID 5361520300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Probate Listing

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2603721

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Listed by Penny Nathan Ascent Real Estate pnathan@ascentpropertymanagement.com, DRE #01275714

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221 225 D AVE

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Denise Warren

+1(562) 673-6254

denise@lifetimerealtygroup.com

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