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4-Bed 3-Bth with Rental Units in Rear 870 D Ave

3 Unit Block of Flats £3,133,200 (£1,044,400/Unit) Coronado, CA 92118

Investment Highlights

  • Situated in the heart of Coronado Village at 870 D Avenue, this triplex offers a rare opportunity on the esteemed Island of Coronado.
  • Boasting fully upgraded finishes including luxury vinyl plank floors, custom cabinetry, new countertops/backslashes, and in-unit laundry
  • Situated on a generous 7,843 square foot lot Zoned R-3
  • Victorian Single Family House (4Bedroom/ 3 Bath + Loft) and two (2Bedroom/ 1 Bathroom) units
  • Five off-street parking spaces located in the alley

Executive Summary

LOCATION! LOCATION! LOCATION! With Price Adjustment
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.

Property Facts

Price £3,133,200
Price Per Unit £1,044,400
Sale Type Investment
No. Units 3
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.18 AC
Building Size 3,414 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1950
Parking Ratio 1.46/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
4+3 1 - 1,914
2+1 2 - 750
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R-3
R-3
  • Listing ID: 31835675

  • Date on Market: 16/05/2024

  • Last Updated:

  • Address: 870 D Ave, Coronado, CA 92118

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