$3,620,000
SOLD APR 6, 2026
5 Beds
5 Baths
2,500 Sq Ft
-- Built

Sale Details

Date Sold: April 6, 2026

$1,448 Per Sq Ft

34% Above List Price

10 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Partially Fenced Property
  • Coronado Village Elementary Rated A

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Joseph Burrough

Palma Commercial License #02014504 Listed on: 02/02/2026

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Multi-Family

Lot Details

  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 5 Bedrooms
  • 2,500 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $11,000

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Operating Expense $52,141

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Unit Levels: 1 Story
  • Property Sub Type: Com-Res Income
  • CapRate: 2.87
  • Co List Office Mls Id: 3874
  • Directions: Coronado Bridge to Orange Avenue then turn right on 6th St. and right on G Ave.
  • Living Area: 2500.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-04-11T04:25:27Z
  • FullAddress: 756-62 G Ave.
  • NumofLeasedApartments: 5
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 5
  • Flooring: Hardwood, Other/Remarks

Exterior Features

  • Roof: Composition
  • Construction Type: Part Fenced, Part Landscaped

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: Wall

Lot Info

  • Zoning: R-3

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 5
  • Annual Operating Expense: 52141.0
  • Total Actual Rent: 11000.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 Sold $3,620,000 +34.3% $1,448 / Sq Ft
02/12/2026 02/12/26 Pending -- -- --
02/02/2026 02/02/26 For Sale $2,695,000 -- $1,078 / Sq Ft
Source: San Diego MLS

Agents Affiliated with this Home

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Source: San Diego MLS

MLS Number: 260002511

San Diego MLS
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