221-225 D St, Coronado, CA 92118

$3,250,000
7,078
SqFt

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List Price
$3,250,000
Status
ACTIVE
MLS#
260017117
Living Sq. Ft
7,078
Lot Size(apprx.)
7,000
Property Type
Multifamily

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 7,078 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.

Additional Information

Cooling
None
Living Area
7,078
Lot Size
7,000
Stories
1

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Judy E Preston (619-309-9559) from Listing Office: JP Equity Real Estate Corp..

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