Coronado, CA 92118,1001 11 3rd ST
Coronado, CA 92118,1001 11 3rd ST
Coronado, CA 92118,1001 11 3rd ST
Coronado, CA 92118,1001 11 3rd ST
Coronado, CA 92118,1001 11 3rd ST
Coronado, CA 92118,1001 11 3rd ST
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$2,999,900

$3,450,000

13.0%
Est.Price: ?

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Est. payment /mo

7,069 Sqft Lot


SOLD DATE : 10/06/2023

Key Details

Sold Price $2,999,900

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PTP2301509

Sold Date 10/06/23

HOA Y/N No

Year Built 1937

Lot Size 7,069 Sqft

Lot Dimensions Assessor

Property Description

Rare opportunity to “own” a legacy piece of property in the famous & stunning Isle of Coronado with its white sandy beaches. This fabulous property built in 1937 is only 2.5 blocks to the water and has amazing walkability to all restaurants, bars, shops, and the Ferry to downtown San Diego & Petco Park. 4 units with 4 garages, corner 7,070 sf lot with “rare” R-3 zoning. Unit mix - “three” 1 BR / 1 BA units in a single level triplex with 9' ceilings. 4th unit is a 2 BR / 1 BA situated over 4 one car garages – 2 converted to 420'sf of office space w/full bath. Unit shown in pictures is the front 1/1 is renovated, furnished as a monthly vacation rental - 30+ days. Call listing agent for income/expenses/proforma. Options! Live in the property, increase current rents and/or develop the property and build 4 luxury homes that could be sold individually. Don't miss your opportunity to own this property, first time on the market in decades. Do not disturb tenants. Buyer to verify development feasibility and all building requirements with the City of Coronado

Location

State CA

County San Diego

Area 92118 - Coronado

Zoning R-3

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

View Y/N No

Roof Type Composition

Total Parking Spaces 5

Private Pool No

Building

Lot Description Corner Lot, Landscaped, Sprinkler System

Story 2

Water Public

New Construction No

Others

Senior Community No

Tax ID 5361521000

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Maryann Augustine • Frontline Realty Group
Bought with Christoffer Groves • Groves Capital, Inc.
agent-avatar

+1(818) 445-0557

abmorales1@gmail.com

21021 Ventura Blvd., # 103, Hills, CA, 91364, United States

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