870 D Avenue Coronado, CA 92118
Active
$4,000,000
3 Units
8 Beds
5 Baths
n/a Area(sq.ft.)
7,843 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 240023811SD |
| Days On Market: | 43 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per unit: | $ 1,333,333 |
Property Details
LOCATION! LOCATION! LOCATION! First time on market in decades, a unique opportunity presents itself in the Coronado Village at 870 D Avenue. Situated on the esteemed Island of Coronado, this triplex is a legacy asset encompassing one Victorian Single Family House (4 Bedroom/ 3 Bath + Loft) and two (2 Bedroom/ 1 Bathroom) units. 870 D Avenue features fully upgraded finishes including luxury vinyl plank floors, custom cabinetry, new countertops/backslashes, laundry in unit, let alone AC in the living areas paired with modern amenities. Nestled just blocks away from the renowned Coronado Center Beach & walking distance to all the restaurants/shops along Orange Ave., this property boasts a superb 94 Walk Score showing its prime location to all Coronado has to offer. With five off-street parking space located in the alley & an additional side deck, this property offers Coronado's charm with ease for owner-users or tenants alike. In addition, 870 D Avenue sits on a generous 7,843 square foot lot Zoned R-3, not only promising immediate returns but also hinting at future development opportunities. 870 D Avenue is primed for discerning buyers seeking a slice of the rarely traded island of Coronado. Whether it's maximizing rental income, personal occupancy, or development, the possibilities are abundant.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Total Annual Expense: | $ 64,756 |
| Net Operating Income: | $ 88,892 |
| Cap Rate: | 1.87% |
| Gross Rent Multiplier: | 29.99 |
Structure
| Levels: | Two |
| Complex Name: | Coronado |
| Security Features: | Gated |
Land & Parking
Interior
| AC/Cooling: | Central Forced Air |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
Schools
Find a great school for your child
Income
