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$ 5,175,000
Est. payment /mo
Price Dropped by $225K
728 G Ave Coronado, CA 92118
6,708 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260023894SD
HOA Y/N No
Lot Size 6,708 Sqft
Property Sub-Type Mixed Use
Property Description
Eleven on G is an 11-unit multifamily property situated on a 6,707-square-foot parcel in the heart of Coronado. The property consists of ten one-bedroom residences and one two-bedroom residence totaling approximately 5,511 square feet, with an expansive front lawn, mature landscaping and multiple open-air areas that create an inviting residential setting. A defining characteristic of the property is its existing 11-unit configuration, representing a level of multifamily density that would be difficult to replicate under today's development standards. This existing scale, combined with the property's relatively compact footprint and attractive outdoor areas, distinguishes Eleven on G from many other multifamily investment opportunities in Coronado. The improvements have been well maintained, with select interiors featuring thoughtful renovations and updated finishes. The combination of improved and more traditional units provides an incoming investor with an established asset while preserving opportunities to enhance rents and interiors over time. Located just steps from Coronado High School and within easy walking distance of Orange Avenue, neighborhood shopping, restaurants, parks and recreation, Eleven on G combines established multifamily scale with the walkability and residential character that distinguish Coronado's rental market.
Location
State CA
County San Diego
Area 92118 - Coronado
Interior
Fireplace No
Others
Tax ID 5370622500
Virtual Tour https://www.propertypanorama.com/instaview/snd/260023894
Listed by Dylan Wright MD Real Estate, Inc #01411216