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Jason Coriano

Principal Broker

  • Office 619-431-4404
  • Cell 619.665.5360
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814 4th Street, Coronado, CA – $3,650,000

  • $3.7M Price
  • 52 DOM
  • $3.7M Price
  • 52 DOM

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814 4th Street

Take a look at this extremely rare investment opportunity located in the highly sought after and rarely traded city of Coronado, CA. Available are Ten Garden Style Apartment Units that have been well maintained by long term ownership. Two of the 10 units have been recently renovated. This is an excellent opportunity for a savvy investor to Renovate the remaining units while bringing the rents up to market and achieving close to a 5% Cap Rate. Nearby Renovated Units are achieving rents 40% Higher than The Subject Property. The Property has 2 Structures on a .16 ACRE Lot. The Pitched Roofs were replaced in the mid 2000’s and the Seller believes that they were 35 Year Shingles.


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Essential Information

  • MLS® #200012760
  • Price$3,650,000
  • Acres0.00
  • TypeCommercial
  • Sub-TypeCom-Res Income
  • StatusACTIVE

Community Information

  • Address814 4th Street
  • AreaCORONADO (92118)
  • CityCoronado
  • CountySan Diego
  • StateCA
  • Zip Code92118

Amenities

  • AmenitiesNone
  • Parking Spaces10

Interior

  • # of Stories2

Additional Information

  • Date ListedMarch 13th, 2020
  • Days on Market52

Listing Details

  • OfficeMarcus & Millichap
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