Coronado, CA 92118,741 G Avenue
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Coronado, CA 92118,741 G Avenue
Coronado, CA 92118,741 G Avenue
Coronado, CA 92118,741 G Avenue
Coronado, CA 92118,741 G Avenue

$4,995,000

Est. payment /mo
Est.Price: ?

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741 G Avenue Coronado, CA 92118

SOLD DATE : 08/12/2022

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220013757SD

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

Exterior

Roof Type Composition

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

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CRMLS – RECore
Listed by Russell McKee McKee Properties
Bought with Ken Nagel Salas Properties
Scott Goshorn

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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