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221-225 D Ave
For Sale $3,600,000
$3,600,000
- 7 Units
- Unknown Sq Ft
- 7,000 Sq Ft
- Unknown Cap Rate
Description
We proudly present a rarely available 7-unit residential income property in the heart of Coronado. Combining two lots totaling 7,018 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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,600,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1955 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5361520300 |
| MLS # | NDP2604044 |
| Property ID | 322797412 |
| Lot Sqft | 7,000 |
| Zoning | R-3 |
| Total Units | 7 |
| Days on Market | 99 |
| Original List Price | $3,600,000 |
| Date Updated | June 02, 2026 |
| Date Created | April 01, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Penny Nathan an agent of JP Equity Real Estate Corp.. Lic #01275714
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 02, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT