Sold

741-47 G Avenue

Coronado CA, 92118

$4,400,000


$1,325.30 per sqft

Sold

2 Beds

3,320 sqft

Commercial

Rare opportunity to purchase a 5 (five) unit apartment complex located in the highly desirable beach community of Coronado. The property has been family owned for over 25 years, providing new ownership the opportunity to renovate apartment interiors to achieve significant rent premiums comparable to surrounding luxury rentals. The property boasts a favorable unit mix including 4 - 2 Bedroom/1Bath apartments and 1 - Studio apartment. Amenities include a spacious outdoor common area, off street parking and onsite laundry. DEVELOPMENT OPPORTUNITY - One of few remaining R-3 development sites in Coronado. Zoning allows for a 4 unit cloud Single Family development. All tenants on month-to-month tenancies.

220013757

MLS ID

June 2, 2022

Listed

February 10, 2024

Updated

Map

741-47 G Avenue
Coronado CA, 92118

Interior Features

Total Stories

2


Bedrooms

2 Beds


Appliances

Dishwasher, Range, Refrigerator, Disposal


Laundry Description

Owned


Floor Description

Concrete, Wood, None


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central Forced Air Gas

Exterior/Building Features

Exterior Features

None


Roof

Composition

Other Property Details

Area Name

South Bay


Days on Market

25


Garage

No


Parking

Spaces


Parking Total

4


View

No


County

San Diego


Pool

No


Zoning

R-3


Buyer Agency Compensation

2.5%

Listed by McKee Properties, Russell McKee,
Listing Contact: 619-435-6291 

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