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1001-11 3rd St
Coronado, CA 92118

Multifamily Property For Sale · 4 Units

Investment Highlights

  • SELLER FINANCING AVAILABLE - INTEREST ONLY FOR 5 YEARS!
  • "One" - 2 BR / 1 BA - Updated - 816 SF sits above garages with large yard
  • OPPORTUNITIES: Increase long term low rents (Owners have put over $90k into property in 2023) and hold/and or...
  • "Three" - 1 Br / 1Ba 's - Charm & Character with 9ft celings
  • "Four" - 1 car garages (2 converted to office with bath) TONS OF POTENTIAL for future use
  • REDEVELOP LAND - BUILD 4 luxury detached condos/homes for resale - $2.4 - 3.4 Million - call Maryann for Details!

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class B
Lot Size 0.16 AC
Building Size 2,663 SF
Average Occupancy 100%
No. Stories 2
Year Built 1937
Parking Ratio 1.88/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Crown Molding
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Wi-Fi
  • Yard
  • Breakfast Nook
  • Deck

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 $3,905 615 - 668
2+1 1 $2,375 816

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
536-152-10
Land Assessment
$2,600,000
Improvements Assessment
$399,999
Total Assessment
$2,999,999

zoning

Zoning Code R-3 (Zoning allows for 1 unit / 1556 SF - this lot is 7,070sf - as per county records. 50'x140' lot (rare lot to come available for redevelopment!))
R-3 (Zoning allows for 1 unit / 1556 SF - this lot is 7,070sf - as per county records. 50'x140' lot (rare lot to come available for redevelopment!))
  • Listing ID: 28082640

  • Date on Market: 3/28/2023

  • Last Updated:

  • Address: 1001-11 3rd St, Coronado, CA 92118

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