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Historic 6-Unit Apartment Building

1042-1050 Adella Ave Coronado, CA 92118

1042-1050 Adella Ave, Coronado, CA, 92118
$4,700,000
For Sale
$4,700,000

1909-vintage building with grandfathered studio and 1-bedroom units, individual entrances, on-site laundry, and two courtyards.

Lot Size0.14 Acres
Days on Market49

Property Features for 1042-1050 Adella Ave

General Information

Standard status
Active
Lot size
0.14 Acres
Property subtype
Investment

Building Details

Year Built
1909
Listing agency
Listed by Julie Bourne
Source Elliman
Added: Jun 4 Updated: Jul 22 at 12:27PM Checked: Jul 22 at 12:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Julie Bourne


Investment Insights

Based on property information with market context.

Adella Apartments is a 1909 vintage, grandfathered six-unit apartment building with a unit mix of two studios and four 1-bedroom residences. The current configuration is supported by demising walls constructed from the original dwelling, creating separate apartments with direct, individual access. Interior features include original details such as prominent wood entry stair access, hardwood floors, brick fireplace (non-operational) and built-in elements noted in the residences, plus updated finishes in select units such as renovated kitchen and bath features.

The property is currently zoned as R-1 Residential. The site includes a long, narrow driveway that is not currently used for parking and provides access to the enclosed staircase areas serving certain units. The rear structure includes an upper-level 1-bedroom with an enclosed balcony and access to a lower-level courtyard, along with ground-level multiple-storage units that may be converted into a garage. Tenants share on-site laundry, bike storage, and two courtyards as communal areas.

Unit floor plans are available in the photo gallery.

Key Highlights

  • 1909‑vintage Adella Apartments with 6 total units: 2 studios and 4 1‑bedroom apartments (grandfathered use)
  • Demising walls from the original dwelling create the current 6‑unit configuration; includes multiple residences with direct, individual access
  • 6,000 SF lot with two courtyards as communal areas and on‑site laundry plus bike storage

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Kitchen & Bath Showroom HVAC Service Computer & Electronic Repair Auto Parts Store Electrical Service Food Market Carpet & Flooring Store Barber Shop Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 1909-vintage building with grandfathered studio and 1-bedroom units, individual entrances, on-site laundry, and two courtyards.
Where is this apartment building located?
The property is located at 1042-1050 Adella Ave Coronado, CA.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: 1909‑vintage Adella Apartments with 6 total units: 2 studios and 4 1‑bedroom apartments (grandfathered use); Demising walls from the original dwelling create the current 6‑unit configuration; includes multiple residences with direct, individual access; 6,000 SF lot with two courtyards as communal areas and on‑site laundry plus bike storage
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