Sold
741-47 G Avenue
Coronado CA, 92118
$4,400,000
$1,325.30 per sqft
Sold
2 Beds
3,320 sqft
Commercial
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.
220013757
MLSⓇ ID
June 2, 2022
Listed
February 10, 2024
Updated
Map
741-47 G Avenue
Coronado CA, 92118
Interior Features
Total Stories
2
Bedrooms
2 Beds
Appliances
Dishwasher, Range, Refrigerator, Disposal
Laundry Description
Owned
Floor Description
Concrete, Wood, None
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central Forced Air Gas
Exterior/Building Features
Exterior Features
None
Roof
Composition
Other Property Details
Area Name
South Bay
Days on Market
25
Garage
No
Parking
Spaces
Parking Total
4
View
No
County
San Diego
Pool
No
Zoning
R-3
Buyer Agency Compensation
2.5%
Listed by McKee Properties, Russell McKee,
Listing Contact: 619-435-6291
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