Paul Leon - Coldwell Banker Commercial Real Estate Solutions Logo
$3,250,000
 $17,447 est/mo Sourced by Back At You

221 225 D Avenue,Coronado, CA 92118

Coronado, CA 92118

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Description

Check out this competitively priced income opportunity! We proudly present a rarely available 7-unit residential income property in the heart of Coronado. Combining two lots totaling 7,018 square feet and zoned R-3 and classified under Tier 3. Exceptional opportunity that surfaces once in a market cycle just blocks from the iconic Ferry Landing with its waterfront dining, boutique shops, and direct access to San Diego Bay. Both APNs are being sold together. For the value-add investor, the existing units offer immediate upside through renovation and repositioning in one of California's most supply-constrained rental markets. For the developer or land banker, the R-3 zoning and combined lot size present a compelling future path hold the asset, collect income, and develop a premium townhome community when the time is right. Whether your strategy is renovate, hold, or build, this property checks the box. Coronado does not offer second chances on opportunities like this one.

Details

MLS #NDP2604044
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1955
Days On Site138
Listing Provided ByAscent Real Estate | Penny Nathan

Features

SQ Feet2,900
Story(s)1
Units7
Building(s)2
ZoningR-3
Acreage0.16
Golf CourseYes

Interior

Heating Yes / NoNo
Cooling Yes / NoNo
Fireplace Yes / NoNo

Exterior

Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesDog Park, Golf, Park, Storm Drains, Street Lights, Sidewalks

Area Information

StateCA
CountySan Diego
CityCoronado
Zip Code92118
Area92118 Coronado
Listing VS Median (in 92118)
Price:
$3,250,000
low | high
Med:
$3,250,000
50% of Average
sqft:
2,900
low | high
Med:
2,900
50% of Average
$ / sqft:
$1,121
low | high
Med:
$1,121
50% of Average
On site:
138
low | high
Med:
138
100% of Average
Sourced by Back At You

Market Activity 92118

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Additional Information

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Contact

Learn More About This Property

Paul Leon

Paul Victor Leon

Coldwell Banker Commercial

00915214 (760) 559-6472paul.leon@cbcinland.com
StateCA
CountySan Diego
CityCoronado
Zip Code92118
Area92118 Coronado
Listing VS Median (in 92118)
Price:
$3,250,000
low | high
Med:
$3,250,000
50% of Average
sqft:
2,900
low | high
Med:
2,900
50% of Average
$ / sqft:
$1,121
low | high
Med:
$1,121
50% of Average
On site:
138
low | high
Med:
138
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.437M - $4.62M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
221 225 D Avenue Property Photo 1
$3,250,000
221 225 D Avenue
Coronado, CA 92118
Listing Updated: August 21, 2026 at 11:57:35 PM PDT

Paul Leon - Coldwell Banker Commercial Real Estate Solutions