904 7th St

Coronado, CA, 92118

$3,195,000

$3,195,000
Pending
Pending
 - For Sale
beds
7 Beds
property_type
Other
Steeped longtime in a Coronado family tradition, introducing a RARE 6-unit plus 2 garages offering in the Village. This property has been a solid investment hold for decades, but now it is time to transition to new owners and begin a revival. The property is ideally located steps to the schools, parks, houses of worship and Mainstreet Coronado. What's most important is that due to current zoning laws, you could not build this property today with this same lot size. It is an ideal maximization of the land versus structures built, so that the cash return on investment has exceptional potential. The current tenancy is very solid with excellent history. The units themselves are standard "bread and butter" and in need of some tender rehab. There is tremendous upside over the long term and it is quite possibly one of the best opportunities in years to own multi-unit rental property on the island.
MLS® ID:
230004688
Listed:
3/12/23
Updated:
3/29/23
Compass
Vicki Inghram
Office: (619) 204-3400Email: vickicoronado@gmail.com

Interior Features

Total Bedrooms
7
Total Bathrooms
0

Exterior/Building Features

Roof
Composition

Other Property Details

Area Name
South Bay
Garage
Yes
Parking
Garage, Other/Remarks
View
N
County
San Diego
Pool
No
Total Stories
2
Buyer Agency Compensation
2.25

Property History

Date
Event
Price
Value
3/23/23
Pending
-
-

Courtesy of eXp Realty of California, Inc, Ken Pecus,
Listing Contact: 619-675-0123 

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Data last updated 12:50 PM UTC, 3/29/23

Compass
Vicki Inghram
Office: (619) 204-3400Email: vickicoronado@gmail.com
Contact