Estimated payment $16,703/month
Highlights
- Very Popular Property
- Wood Flooring
- Partially Fenced Property
- Coronado Village Elementary Rated A
- 1-Story Property
About This Home
It is an honor to present for sale, this uniquely well-located five (5) unit Coronado isle apartment property! Just 5 blocks from the beach and 1 block from Coronado High School, an astute local investor can improve performance at this site by 1) continuing to renovate the units, sufficient to justify upper market rents, and/or 2) eventually building new, thirty foot high townhome-style units (with individual APNs) for resale. The lot is favorably zoned R-3, which should allow for up to four (4) such units to be developed. The current buildings contain five (5) 1-Bedroom/1-Bathroom units, several of which have been beautifully renovated. Each unit has its own patio area, front and rear entry access, and either hardwood or luxury vinyl plank flooring. Some units have upgraded kitchens and bathrooms. There is a well manicured common lawn in front and along the length of the courtyard, great for sitting/relaxing and taking in some vitamin D. Well-positioned lawn chairs and a few mature trees (orange and cypress) add to the charming beach-vibe that this property exudes.
Property Details
Home Type
- Multi-Family
Lot Details
- Partially Fenced Property
Home Design
- Composition Roof
Interior Spaces
- 1 Bedroom
- 2,500 Sq Ft Home
- 1-Story Property
- Wood Flooring
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- Operating Expense $52,141
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $2,695,000 | -- | $1,078 / Sq Ft |
Source: San Diego MLS
MLS Number: 260002511
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