904 7th St
Listing provided courtesy of Ken Pecus of eXp Realty of California, Inc. Last updated 2023-03-23 08:56:16.000000. Listing information © 2022 Client MLS.
Asking Price: $3,195,000
904 7th St, Coronado CA 92118
Community: 92118 - Coronado
This Commercial/Residential property was built in 0 and is priced at $3,195,000. Please see the additional details below.
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.
