728 G Ave, Coronado, CA 92118

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List Price
$5,400,000
Status
ACTIVE
MLS#
260023894SD
Lot Size
6,707
Acres
0.15
Days on Market
3
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Eleven on G is an 11-unit multifamily property situated on a 6,707-square-foot parcel in the heart of Coronado. The property consists of ten one-bedroom residences and one two-bedroom residence totaling approximately 5,511 square feet, with an expansive front lawn, mature landscaping and multiple open-air areas that create an inviting residential setting. A defining characteristic of the property is its existing 11-unit configuration, representing a level of multifamily density that would be difficult to replicate under today’s development standards. This existing scale, combined with the property’s relatively compact footprint and attractive outdoor areas, distinguishes Eleven on G from many other multifamily investment opportunities in Coronado. The improvements have been well maintained, with select interiors featuring thoughtful renovations and updated finishes. The combination of improved and more traditional units provides an incoming investor with an established asset while preserving opportunities to enhance rents and interiors over time. Located just steps from Coronado High School and within easy walking distance of Orange Avenue, neighborhood shopping, restaurants, parks and recreation, Eleven on G combines established multifamily scale with the walkability and residential character that distinguish Coronado’s rental market.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
11
Gross Scheduled Income
$298,920
Operating Expense
120793

Listing courtesy of Listing Agent: Dylan Wright (dylan@mdrealestatesd.com) from Listing Office: MD Real Estate, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.