Coronado, CA 92118,741 G Avenue
Coronado, CA 92118,741 G Avenue
Coronado, CA 92118,741 G Avenue
Coronado, CA 92118,741 G Avenue
Coronado, CA 92118,741 G Avenue
Coronado, CA 92118,741 G Avenue
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$4,400,000

$4,995,000

11.9%
Est.Price: ?

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Est. payment /mo

7,000 Sqft Lot


SOLD DATE : 08/12/2022

Key Details

Sold Price $4,400,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220013757SD

Sold Date 08/12/22

HOA Y/N No

Lot Size 7,000 Sqft

Property Sub-Type Mixed Use

Property Description

Rare opportunity to purchase a 5 (five) unit apartment complex located in the highly desirable beach community of Coronado. The property has been family owned for over 25 years, providing new ownership the opportunity to renovate apartment interiors to achieve significant rent premiums comparable to surrounding luxury rentals. The property boasts a favorable unit mix including 4 - 2 Bedroom/1Bath apartments and 1 - Studio apartment. Amenities include a spacious outdoor common area, off street parking and onsite laundry. DEVELOPMENT OPPORTUNITY - One of few remaining R-3 development sites in Coronado. Zoning allows for a 4 unit cloud Single Family development. All tenants on month-to-month tenancies. Amenities: None

Location

State CA

County San Diego

Area 92118 - Coronado

Zoning R-3

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 4

Others

Tax ID 5370710600

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS – RECore
Listed by Russell McKee McKee Properties
Bought with Ken Nagel Salas Properties
agent-avatar

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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