1001-11 3rd street, Coronado, CA 92118 - MLS#250043436

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$4,490,000

Est. payment - /mo

5 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Coronado (Cnado)

MLS Listing ID 250043436

Bedrooms 5

Full Baths 4

Year Built 1935

Property Sub-Type Res Income 2-4 Units

Property Description

A rare opportunity to own a fully remodeled legacy property in the iconic Isle of Coronado, just 2.5 blocks from the sparkling white-sand beaches and steps to top-rated restaurants, boutique shopping, lively bars, and the Coronado Ferry for direct access to downtown San Diego & Petco Park. This timeless 1937 coastal income property has been completely redone from top to bottom while preserving its classic charm. Situated on a premier 7,070 sq ft corner lot with highly sought-after R-3 zoning, it features four beautifully updated units and four garages: three spacious 1BR/1BA single-story units with soaring 9 ft ceilings, and a 2BR/1BA unit located above the garages, with two garages expertly converted into a 420 sq ft office with a full bath. One of the front 1BR units is elegantly furnished and currently operated as a successful 30+ day vacation rental, showcasing the exceptional finishes and rental potential available throughout. With strong income already in place and unmatched walkability, this turnkey property offers incredible flexibility—live in one unit and rent the others, increase rental revenue in a high-demand market, or redevelop the property into four luxury coastal homes that could each be sold individually for tremendous upside. Trophy opportunities like this in Coronado are few and far between—don't miss the chance to make this exceptional investment property yours.

Location

State CA

County San Diego

Area South Bay

Direction Go straight over the bridge and pass Orange st , property on the right , do not disturb the tenants

Interior

Heating Combination Heating

Cooling Wall/Window

Fireplace No

Exterior

Fence Cross Fencing, Gate

Utilities Available Sewer Connected

View Y/N No

Roof Type Composition

Others

Senior Community No

Tax ID 536-152-10-00

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

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Listed by Christoffer W Groves Broker Groves, Inc

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

1001-11 3rd street Coronado, CA 92118

Arash Rokni

Key Details

Location

Interior

Exterior

Others

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