225 D Avenue
Bought with ED Bustamante with South Bay Real Estate and Listed by Penny Nathan CA DRE# 01275714 with Ascent Real Estate [email protected]
Sold

225 D Avenue

221 225 D Avenue, Coronado, CA 92118

$3,000,000

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.

Studio

2,900 Sq.Ft. LIVING AREA

7,000 Sq.Ft. lot

PENNY NATHAN

PENNY NATHAN

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Common Area

Area & Lot

  • Status Sold
  • Date Sold September 25, 2026
  • Living Area2,900 Sq.Ft.
  • Total Area2,900 Sq.Ft.
  • Lot Area7,000 Sq.Ft.
  • MLS® IDNDP2604044
  • TypeResidential
  • YEAR BUILT1955
  • NeighborhoodCORONADO

Exterior

  • STORIES1
  • PoolNone
  • lot featuresLevel
  • sewerPublic Sewer

Financial

  • Sales Price$3,000,000
  • Maintenance Fee $3,800/mo
  • Zoning R-3
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