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$ 5,295,000
Est. payment | /mo
$ 5,295,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250001143SD
HOA Y/N No
Property Description
We are pleased to present 801 & 807 Coronado Ct, two contiguous five-unit properties located in the coveted South Mission Beach neighborhood of San Diego, CA. Originally built in 1948 with recent upgrades in the past five years, the subject property features eight (8) one-bedroom/one-bathroom units ranging from 450 to 550 square feet, two (2) two-bedroom/one-bathroom units ranging from 850-950 square feet, and ten (10) carport parking spaces in the rear of the building. The property is situated on 0.17-acres and has 5,660 square feet of rentable space. This property presents a unique opportunity for an investor to purchase a value-add investment opportunity in one of the strongest submarkets at the forefront of rental growth in San Diego. The new owner will enjoy the security of having the property situated near comparable apartment complexes, local shopping, and infrastructure, as well as having easy access to the California coastline. The property has been well maintained with many upgrades and improvements in recent years and boast onsite laundry facilities. Interiors are spacious and well-appointed with vinyl plank flooring, new windows, and upgraded kitchens and baths in select units. The property is situated in the heart of South Mission Beach, one of San Diego's most iconic and desirable coastal neighborhoods, nestled between the Pacific Ocean and Mission Bay. It is a narrow strip of land offering both oceanfront and bayfront living, with easy access to two unique waterfront experiences.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Interior
Fireplace No
Others
Tax ID 42371701 & 02
Listed by Austin Huffman • Marcus & Millichap