221-225 D Avenue, Coronado, CA 92118

Coronado
Local realty services provided by:ERA Carlile Realty Group
221-225 D Avenue,Coronado, CA 92118
$3,600,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,900 sq. ft.
  • Multi-family
  • Active
Listed by: penny nathan, judy preston
Office: ascent real estate619-985-7369
MLS#:NDP2604044
Source:CRMLS

Price summary

  • Price:$3,600,000
  • Price per sq. ft.:$1,241.38

About this home

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 (historic review not required). 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.

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Home facts

  • Year built:1955
  • Listing ID #:NDP2604044
  • Added:32 day(s) ago
  • Updated:May 30, 2026 at 10:35 AM

Rooms and interior

  • Living area:2,900 sq. ft.

Structure and exterior

  • Year built:1955
  • Building area:2,900 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Level with Street

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,600,000
  • Price per sq. ft.:$1,241.38

Parking

  • Total parking spaces:5
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