Coronado 7-Unit Residential Income
For Sale
$3,250,000
221 225 D Avenue, Coronado, CA 92118
Rare 7-unit residential income property in the heart of Coronado.
Property SizeContact for details
Days on Market190
Property Features for 221 225 D Avenue
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Building Details
Year Built
1955
Listing Agency:
Ascent Real Estate
Listed By:
Penny Nathan · License #01275714
(619) 985-7369
Source:
Exitrealty
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 23 at 3:53AM
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 Ascent Real Estate
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Investment Insights
Based on property information with market context.
This is a 7-unit residential income property located in Coronado. The property combines two lots totaling 7,018 square feet. It is zoned R-3 and classified under Tier 3, meaning historic review is not required. The property is located blocks from the Ferry Landing, which offers waterfront dining, boutique shops, and direct access to San Diego Bay. Both APNs are being sold together. The existing units offer upside through renovation and repositioning. The R-3 zoning and combined lot size present a future path to develop a premium townhome community. The location has a bike score of 89, indicating it is very bikeable, a walk score of 88, indicating it is very walkable, and a transit score of 30, indicating some transit options are available.
Key Highlights
- Rare 7‑unit residential income property in Coronado.
- R‑3 zoning on two lots totaling 7,018 sq ft offers development potential (townhomes).
- Immediate upside through renovation and repositioning of existing units.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,116
Businesses Nearby
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Business Placement
Demographics for 92118, CA
20,629
Population
9,521
Households
2.2
Avg Household Size
38
Median Age
66%
College-Educated
98%
High-School Grad
7.7 sq mi
ZIP Area
2,679
Density / Sq Mi
$135,056
Median Household Income
$59,072
Median Earnings
$3,250
Median Rent
$1,998,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Rare 7-unit residential income property in the heart of Coronado.
Where is this apartment building located?
The property is located at 221 225 D Avenue Coronado, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Rare 7‑unit residential income property in Coronado.; R‑3 zoning on two lots totaling 7,018 sq ft offers development potential (townhomes).; Immediate upside through renovation and repositioning of existing units.
