Coronado, CA 92118,904 7th St
Coronado, CA 92118,904 7th St
Coronado, CA 92118,904 7th St
$3,250,000
Est. payment /mo
$3,195,000
1.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

SOLD DATE : 04/13/2023

Key Details

Sold Price $3,250,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 230004688SD

Sold Date 04/13/23

HOA Y/N No

Property Description

Steeped longtime in a Coronado family tradition, introducing a RARE 6-unit plus 2 garages offering in the Village. This property has been a solid investment hold for decades, but now it is time to transition to new owners and begin a revival. The property is ideally located steps to the schools, parks, houses of worship and Mainstreet Coronado. What's most important is that due to current zoning laws, you could not build this property today with this same lot size. It is an ideal maximization of the land versus structures built, so that the cash return on investment has exceptional potential. The current tenancy is very solid with excellent history. The units themselves are standard "bread and butter" and in need of some tender rehab. There is tremendous upside over the long term and it is quite possibly one of the best opportunities in years to own multi-unit rental property on the island.

Location

State CA

County San Diego

Area 92118 - Coronado

Interior

Fireplace No

Exterior

Roof Type Composition

Others

Tax ID 5370810100

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Ken Pecus • eXp Realty of California, Inc
Bought with Bradley McMorrow • P. S. Capital and Real Estate

GET MORE INFORMATION

Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.