221-225 D Avenue, Coronado, CA 92118

$3,600,000 Approx. USD 0 beds, 0 baths

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Marketed By Paul Roberts REALTOR® - Sales Associate 619-890-0641 m
619-578-7875 o
Lic#: 01208393
NRDS ID: 196505226
paul@sellsandiego.com San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
Phone: 619-595-7020
Fax: 619-702-9044

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Agent Remarks

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 (historic review not required). 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 Details

Trust & Probate

Property type: (Multi-Family)

Status: Active

MLS# NDP2604044

Price: $3,600,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1955

0.16 acres

Lot size: 0.1607