52
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$4,490,000
Est. payment /mo
New
1001 11 3rd street Coronado, CA 92118
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250043436SD
HOA Y/N No
Year Built 1935
Property Description
A rare opportunity to own a fully remodeled legacy property in the iconic Isle of Coronado, just 2.5 blocks from the sparkling white-sand beaches and steps to top-rated restaurants, boutique shopping, lively bars, and the Coronado Ferry for direct access to downtown San Diego & Petco Park. This timeless 1937 coastal income property has been completely redone from top to bottom while preserving its classic charm. Situated on a premier 7,070 sq ft corner lot with highly sought-after R-3 zoning, it features four beautifully updated units and four garages: three spacious 1BR/1BA single-story units with soaring 9 ft ceilings, and a 2BR/1BA unit located above the garages, with two garages expertly converted into a 420 sq ft office with a full bath. One of the front 1BR units is elegantly furnished and currently operated as a successful 30+ day vacation rental, showcasing the exceptional finishes and rental potential available throughout. With strong income already in place and unmatched walkability, this turnkey property offers incredible flexibility—live in one unit and rent the others, increase rental revenue in a high-demand market, or redevelop the property into four luxury coastal homes that could each be sold individually for tremendous upside. Trophy opportunities like this in Coronado are few and far between—don't miss the chance to make this exceptional investment property yours.
Location
State CA
County San Diego
Area 92118 - Coronado
Building/Complex Name NA
Interior
Heating Combination, Electric
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Fence Cross Fenced
View Y/N No
Roof Type Composition
Building
Lot Description Sprinkler System
Story Multi/Split
Entry Level Multi/Split
Level or Stories Multi/Split
Others
Senior Community No
Tax ID 5361521000
Listed by Christoffer Groves Broker Groves, Inc
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