741-47 G Avenue

Coronado, CA, 92118

$4,400,000

$1,325 per ft²
$4,400,000
$1,325 per ft²
Sold
Sold
beds
2 Beds
carpenters-square
3,320 ft²
property_type
Other
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.
MLS® ID:
220013757
Listed:
6/1/22
Updated:
10/7/22

Interior Features

Kitchen Appliances
Dishwasher, Range, Refrigerator, Disposal
Total Bedrooms
2
Total Bathrooms
0
Laundry Description
Owned
Floor Description
Concrete, Wood, None
Heating
Central Forced Air Gas

Exterior/Building Features

Exterior Features
None
Roof
Composition

Other Property Details

Area Name
South Bay
HOA Amenities
None
Garage
No
Parking
Spaces
Parking Total
4.0
View
N
County
San Diego
Pool
No
Total Stories
2
Zoning
R-3

Property History

Date
Event
Price
Value
9/12/22
Sold
-
-
9/12/22
Price Change
$4,400,000
-11%
6/27/22
Pending
-
-

 

Courtesy of McKee Properties, Russell McKee,
Listing Contact:  

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Data last updated 7:32 PM UTC, 10/7/22

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