Yvette Watson - Coldwell Banker Commercial Real Estate Solutions Logo
$3,250,000
( )
 $17,447 est/mo Sourced by Back At You

221 D St,Coronado, CA 92118

Coronado, CA 92118

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Description

Check out this competitively priced income opportunity! We proudly present a rarely available 7-unit residential income property in the heart of Coronado. Combining two lots totaling 7,078 square feet and zoned R-3 and classified under Tier 3. Exceptional opportunity that surfaces once in a market cycle just blocks from the iconic Ferry Landing with its waterfront dining, boutique shops, and direct access to San Diego Bay. Both APNs are being sold together. For the value-add investor, the existing units offer immediate upside through renovation and repositioning in one of California's most supply-constrained rental markets. For the developer or land banker, the R-3 zoning and combined lot size present a compelling future path hold the asset, collect income, and develop a premium townhome community when the time is right. Whether your strategy is renovate, hold, or build, this property checks the box. Coronado does not offer second chances on opportunities like this one.

Details

MLS #260017117SD
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusPending
Days On Site57
Listing Provided ByJP Equity Real Estate Corp. | Judy Preston

Features

Units7
Building(s)2
ZoningR-3
Acreage0.16

Interior

Heating Yes / NoNo
Cooling Yes / NoNo

Exterior

Construction MaterialsFrame, Stucco

Area Information

StateCA
CountySan Diego
CityCoronado
Zip Code92118
Area92118 Coronado
Listing VS Median (in 92118)
Price:
$3,250,000
low | high
Med:
$3,250,000
50% of Average
On site:
57
low | high
Med:
134
42.537313432836% of Average
Sourced by Back At You

Market Activity 92118

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Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountySan Diego
CityCoronado
Zip Code92118
Area92118 Coronado
Listing VS Median (in 92118)
Price:
$3,250,000
low | high
Med:
$3,250,000
50% of Average
On site:
57
low | high
Med:
134
42.537313432836% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.437M - $4.62M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
249 Del Mar Avenue Property Photo 1
$1,900,000
249 Del Mar Avenue
Chula Vista, CA 91910
Listing Updated: August 22, 2026 at 12:02:31 AM PDT

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions