756 G Ave., Coronado, CA 92118
- $3,620,000
- Sold Price
- $3,620,000
- List Price
- $2,695,000
- Closing Date
- Apr 06, 2026
- Status
- CLOSED
- MLS#
- 260002511SD
- Days on Market
- 6
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
It is an honor to present for sale, this uniquely well-located five (5) unit Coronado isle apartment property! Just 5 blocks from the beach and 1 block from Coronado High School, an astute local investor can improve performance at this site by 1) continuing to renovate the units, sufficient to justify upper market rents, and/or 2) eventually building new, thirty foot high townhome-style units (with individual APNs) for resale. The lot is favorably zoned R-3, which should allow for up to four (4) such units to be developed. The current buildings contain five (5) 1-Bedroom/1-Bathroom units, several of which have been beautifully renovated. Each unit has its own patio area, front and rear entry access, and either hardwood or luxury vinyl plank flooring. Some units have upgraded kitchens and bathrooms. There is a well manicured common lawn in front and along the length of the courtyard, great for sitting/relaxing and taking in some vitamin D. Well-positioned lawn chairs and a few mature trees (orange and cypress) add to the charming beach-vibe that this property exudes.
Additional Information
- Heat
- Wall Furnace
- Exterior Construction
- Frame, Stucco
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $132,000
- Operating Expense
- 52141
Listing courtesy of Listing Agent: Joseph Burrough (jburrough@palmacommercial.com) from Listing Office: Palma Commercial.
Listing sold by Out of Area Agent from Out of Area Office
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.