870 D Avenue, Coronado, CA, 92118

Offer Price:

$4,000,000

Units:

3

Unit Mix:

(2) 2 BD/ 1 BA, (1) 4 BD/ 3 BA

Price/Unit:

$1,333,333

Gross Building Area:

3,414 SF

Lot Size:

7,843 SF

Status:

Active

Submarket:

Central, Coastal

Property Type:

Apartments

Strategy:

Core

LOCATION! LOCATION! LOCATION!

For the first time in decades, an unparalleled opportunity awaits in the heart of Coronado Village at 870 D Avenue. Positioned on the esteemed Island of Coronado, this triplex represents a cherished legacy asset, comprising a Victorian Single Family House with four bedrooms, three baths, plus a loft, and two additional two-bedroom, one-bathroom units.

870 D Avenue showcases top-tier finishes, including luxury vinyl plank floors, bespoke cabinetry, new countertops, and backsplashes, as well as in-unit laundry and air conditioning in the living areas, seamlessly blending classic charm with modern comforts.

With five off-street parking spaces nestled in the alley and an additional side deck, this property epitomizes Coronado's allure while offering convenience for both owner-users and tenants alike. Moreover, situated on a generous 7,843 square foot lot zoned R-3, 870 D Avenue not only promises immediate returns but also hints at enticing future development opportunities.

 

Listed By:

Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 945-7094

Jared Wallach

Advisor

jared.wallach@marcusmillichap.com

(424) 205-3800