New

$3,875,000

For Sale

2 days ago

971 D Ave., Coronado, CA

Name: 971 D Ave., For Sale in Coronado - eXp Realty
Brand: Palma Commercial
SKU: 260024203SD
Price: 3875000 USD

House

MLS® 260024203SD

0 Bed

0 Bath

5 Parking

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 2

Lot Size

Approx. Age

MLS® Number 260024203SD

Property Address: 971 D Ave., Coronado, CA, 92118

Average square foot calculated using Size range provided by listing agent.

Description

It is a distinct honor to present for sale for the first time in over thirty years, 971-79 D Avenue, Coronado, CA 92118, an exceptionally well-located five (5) unit multifamily property, ideally situated within three blocks from the beach, the iconic Hotel Del Coronado, and abundant shopping & dining along Orange Avenue. This charming garden-style community has Two (2) one-bedroom/one-bathroom units (±615 SF), and three (3) two-bedroom/two-bathroom units (±872 SF). There are three surface off-street parking spaces and two garages, as well as a laundry room and three large storage rooms on-site. The property features paved walkways accented by perimeter landscaping, including lush lawn(s), mature Magnolia trees, and well-manicured shrubs/flowers. Estimated to have been built in ±1949, the property is on a corner lot and features a two-story building, built of wood-frame construction upon an elevated foundation. The building has stucco exterior, a pitched roof, and many windows that have been replaced with dual-pane vinyl. Select units have been upgraded with vinyl plank flooring and lightly remodeled kitchens and bathrooms. Units are separately metered for gas and electricity, and there is a wide rear setback with space for bike/board storage for the residents. Given its unique and desirable coastal location, within walking distance to the beach, Hotel Del Coronado, shopping/dining, Glorietta Bay, et al., coupled with its good unit mix as a well-maintained Five-unit apartment community, near many multi-million dollar estates, this property is sure to do well. The astute investor or nearby resident could do several things to improve operating performance, including: 1) modernization of unit interiors to a very high-end level; 2) Adding an ADU; and/or 3) operating some units as mid-term or short-term rentals (where allowed by the city of Coronado).

MLS® Number260024203SD

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

HeatWall Furnace

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 5, 2026List Date

$3,875,000List Price

Commute

Commute

Starting Address

Destination Address

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