225 D Avenue, Coronado, CA 92118

• 2,900 sqft

Property Description

We proudly present a rarely available 7-unit residential income property in the heart of Coronado. Combining two lots totaling 7,018 square feet and zoned R-3 and classified under Tier 3 (historic review not required). Exceptional opportunity that surfaces once in a market cycle — just blocks from the iconic Ferry Landing with its waterfront dining, boutique shops, and direct access to San Diego Bay. Both APNs are being sold together. For the value-add investor, the existing units offer immediate upside through renovation and repositioning in one of California's most supply-constrained rental markets. For the developer or land banker, the R-3 zoning and combined lot size present a compelling future path — hold the asset, collect income, and develop a premium townhome community when the time is right. Whether your strategy is renovate, hold, or build, this property checks the box. Coronado does not offer second chances on opportunities like this one.

Listing Status:

Active

Date Added:

April 28, 2026

Data Last Updated:

May 20, 2026 at 5:17AM

Listing Office:

Ascent Real Estate : 619-985-7369

Listing Agent:

Penny Nathan : 619-985-7369

MLS ID:

NDP2604044

Interior

• Laundry: Common Area
• A/C: None
• Heating: None

Exterior

• Pool: None
• Parking: Parking spaces: 5

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRP
• County: San Diego

Lot

• Zoning: R-35361520300

Utilities

• Sewer: Public Sewer

Financial

• Source: CRMLS_CRP