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Multifamily

870 D Ave

870 D Ave, Coronado, CA 92118

Listing Price: $3,895,000

Cap Rate
2.77%
Number of Units
3
GRM
24.59
Price/Unit
$1,298,333
Price/Gross SF
$1,140.89
Gross SF
3,414

Investment Overview

LOCATION! LOCATION! LOCATION! First time on market in decades, a unique opportunity presents itself in the Coronado Village at 870 D Avenue. Situated on the esteemed Island of Coronado, this triplex is a legacy asset encompassing one Victorian Single Family House (4Bedroom/ 3 Bath + Loft) and two (2Bedroom/ 1 Bathroom) units. 870 D Avenue features fully upgraded finishes including luxury vinyl plank floors, custom cabinetry, new countertops/backslashes, laundry in unit, let alone AC in the living areas paired with modern amenities.

Nestled just blocks away from the renowned Coronado Center Beach & walking distance to all the restaurants/shops along Orange Ave., this property boasts a superb 94 Walk Score showing its prime location to all Coronado has to offer. With five off-street parking space located in the alley & an addi-tional side deck, this property offers Coronado’s charm with ease for owner-users or tenants alike. In addition, 870 D Avenue sits on a generous 7,843 square foot lot Zoned R-3, not only promising immedi-ate returns but also hinting at future development opportunities.

870 D Avenue is primed for discerning buyers seeking a slice of the rarely traded island of Corona-do. Whether it’s maximizing rental income, personal occupancy, or development, the possibilities are abundant.

Investment Highlights

  • Coronado Triplex
  • 870 D Avenue features fully upgraded finishes including luxury vinyl plank floors, custom cabinetry, new countertops/backslashes, laundry in unit, let alone AC in the living areas paired with modern a
  • 870 D Avenue sits on a generous 7,843 square foot lot Zoned R-3, not only promising immediate returns but also hinting at future development opportunities.

Exclusively Listed By

Financing By

Multifamily

870 D Ave

Listing Price: $3,895,000

Cap Rate
2.77%
Number of Units
3
GRM
24.59
Price/Unit
$1,298,333
Price/Gross SF
$1,140.89
Gross SF
3,414

Investment Highlights

  • Coronado Triplex
  • 870 D Avenue features fully upgraded finishes including luxury vinyl plank floors, custom cabinetry, new countertops/backslashes, laundry in unit, let alone AC in the living areas paired with modern a
  • 870 D Avenue sits on a generous 7,843 square foot lot Zoned R-3, not only promising immediate returns but also hinting at future development opportunities.

Investment Overview

LOCATION! LOCATION! LOCATION! First time on market in decades, a unique opportunity presents itself in the Coronado Village at 870 D Avenue. Situated on the esteemed Island of Coronado, this triplex is a legacy asset encompassing one Victorian Single Family House (4Bedroom/ 3 Bath + Loft) and two (2Bedroom/ 1 Bathroom) units. 870 D Avenue features fully upgraded finishes including luxury vinyl plank floors, custom cabinetry, new countertops/backslashes, laundry in unit, let alone AC in the living areas paired with modern amenities. Nestled just blocks away from the renowned Coronado Center Beach & walking distance to all the restaurants/shops along Orange Ave., this property boasts a superb 94 Walk Score showing its prime location to all Coronado has to offer. With five off-street parking space located in the alley & an addi-tional side deck, this property offers Coronado’s charm with ease for owner-users or tenants alike. In addition, 870 D Avenue sits on a generous 7,843 square foot lot Zoned R-3, not only promising immedi-ate returns but also hinting at future development opportunities. 870 D Avenue is primed for discerning buyers seeking a slice of the rarely traded island of Corona-do. Whether it’s maximizing rental income, personal occupancy, or development, the possibilities are abundant.

Exclusively Listed By

Financing By

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