221 225 D AVE, Coronado, CA 92118
221 225 D AVE, Coronado, CA 92118
221 225 D AVE, Coronado, CA 92118
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$3,250,000
Est. payment /mo
Price Dropped by $350K

221 225 D AVE Coronado, CA 92118

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2603721

HOA Y/N No

Year Built 1955

Property Sub-Type Multi Family

Property Description

Competitively Valued, 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.

Location

State CA

County San Diego

Area 92118 - Coronado

Zoning R-3

Interior

Fireplace No

Building

Lot Description Front Yard

Story 1

Others

Tax ID 5361520300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Probate Listing

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2603721


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Listed by Penny Nathan Ascent Real Estate pnathan@ascentpropertymanagement.com, DRE #01275714

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Hailey Potok

Hailey Potok

REALTOR® | License ID: 02024094

+1(714) 878-0877

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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2026 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logo are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 

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221 225 D AVE