Sold

1001 3rd Street

Coronado CA, 92118

$2,999,900


$424.31 per sqft

Sold

5 Beds

7,070 sqft

Multi-family

Rare opportunity to own a legacy piece of property in the famous & stunning Isle of Coronado with its white sandy beaches. This fabulous property built in 1937 is only 2.5 blocks to the water and has amazing walkability to all restaurants, bars, shops, and the Ferry to downtown San Diego & Petco Park. 4 units with 4 garages, corner 7,070 sf lot with rare R-3 zoning. Unit mix - three 1 BR / 1 BA units in a single level triplex with 9 ceilings. 4th unit is a 2 BR / 1 BA situated over 4 one car garages 2 converted to 420sf of office space w/full bath. Unit shown in pictures is the front 1/1 is renovated, furnished as a monthly vacation rental - 30+ days. Call listing agent for income/expenses/proforma. Options! Live in the property, increase current rents and/or develop the property and build 4 luxury homes that could be sold individually. Dont miss your opportunity to own this property, first time on the market in decades. Do not disturb tenants. Buyer to verify development feasibility and all building requirements with the City of Coronado

PTP2301509

MLS ID

March 29, 2023

Listed

February 15, 2024

Updated

Map

1001 3rd Street
Coronado CA, 92118

Interior Features

Total Stories

2


Bedrooms

5 Beds


Appliances

Range/Oven, Refrigerator, Washer


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Corner Lot, Sidewalks


Roof

Composition

Other Property Details

Days on Market

150


Garage

No


View

No


County

San Diego


Pool

No


Pool Features

None


Zoning

Assessor


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

10/9/2023

Price Change

$2,999,900

-14%

10/9/2023

Sold

$2,999,900

8/29/2023

Pending

4/29/2023

Price Change

$3,450,000

-14%

Listed by Frontline Realty Group, Maryann Hilvers Augustine,
Listing Contact: 619-885-7270 

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