221 225 D Ave Coronado, CA 92118
Coronado AreaEstimated payment $21,114/month
Highlights
- Golf Course Community
- Park
- Level Lot
- No HOA
- Laundry Facilities
- No Heating
About This Home
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.
Listing Agent
Ascent Real Estate Brokerage Email: pnathan@ascentpropertymanagement.com License #01275714 Listed on: 04/28/2026
Co-Listing Agent
JP Equity Real Estate Corp. Brokerage Email: pnathan@ascentpropertymanagement.com License #02205944
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 7,000 Sq Ft Lot
- Two or More Common Walls
- Level Lot
- 5361520400
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 2,900 Sq Ft Home
- 1-Story Property
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Additional Features
- Exterior Lighting
- No Heating
Listing and Financial Details
- Tax Lot 153/26
- Tax Tract Number 376
- Assessor Parcel Number 5361520300
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 7 Units
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Dog Park
Building Details
- 7 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,200
- Gardener Expense $2,000
- Insurance Expense $12,187
- Maintenance Expense $3,800
- Pest Control $1,800
- Professional Management Expense $12,146
- Supplies Expense $1,500
- Trash Expense $4,600
- Water Sewer Expense $4,400
- New Taxes Expense $35,750
- Operating Expense $79,383
- Gross Income $151,828
- Net Operating Income $72,445
Map
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2026 07/31/26 | Pending | -- | -- | -- |
| 07/13/2026 07/13/26 | Price Changed | $3,250,000 | -9.7% | $1,121 / Sq Ft |
| 04/28/2026 04/28/26 | For Sale | $3,600,000 | -- | $1,241 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2604044
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 1830 Avenida Del Mundo Unit 605
- 1820 Avenida Del Mundo Unit 1504
- 1820 Avenida Del Mundo Unit 506
- 1820 Avenida Del Mundo Unit 807
- 1820 Avenida Del Mundo Unit 208
- 1810 Avenida Del Mundo Unit 403
- 1810 Avenida Del Mundo Unit 1106
- 1810 Avenida Del Mundo Unit 601
- 1810 Avenida Del Mundo Unit 908
- 1810 Avenida Del Mundo Unit 505
- 1810 Avenida Del Mundo Unit 609
- 1760 Avenida Del Mundo Unit 510
- 1760 Avenida Del Mundo Unit 101 & 110
- 1750 Avenida Del Mundo Unit 1008
- 1750 Avenida Del Mundo Unit 908
- 1750 Avenida Del Mundo Unit 601
- 1730 Avenida Del Mundo Unit 402
- 1720 Avenida Del Mundo Unit 607
- 1720 Avenida Del Mundo Unit 509
- 1720 Avenida Del Mundo Unit 209
Ask me questions while you tour the home.