741 G Avenue, Coronado CA, 92118

Sold

741 G Avenue

Coronado CA, 92118

$4,400,000

Sold

Commercial

Listed by Russell McKee with McKee Properties 619-435-7780

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. Amenities: None

220013757SD

MLSⓇ ID

June 2, 2022

Listed

March 23, 2024

Updated

Map

741 G Avenue
Coronado CA, 92118

Interior Features

Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.16 Acres
Roof: Composition

Other Property Details

Area Name: 92118 - Coronado
Days on Market: 25
Garage: No
Parking Total: 4
View: No
County: San Diego
Pool: No
Zoning: R-3
Buyer Agency Compensation: 2.5%

Listing Contact: 619-435-7780

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:35 AM UTC