801-807 Coronado Court

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Address: 801 Coronado Ct, San Diego, CA 92109, USA
Created date: April 17, 2024
Date last updated: July 11, 2024
  • Two adjacent lots - APNs 423-717-01-00 and 423-717-02-00

Property Description

We are proud to present for sale, an extremely rare opportunity to own (10) well operated units, on two adjacent lots in South Mission Beach that is just steps to the sand. The unit mix here is comprised of (2) Two bedroom / one bath units and (8) one bedroom / one bath units. There are (10) covered off-street parking spaces for tenants. While the property has been extremely well maintained, there is opportunity for the new owner to complete additional interior upgrades with modern / higher end finishes to close the gap between current rents and market rents. High net worth tenants will pay or this location. There are multiple shops, restaurants, and bars walking distance from this property in addition to the obvious attraction of the beaches on either side of the peninsula. The new owner should also highly consider operating this as a short-term vacation rental to truly capitalize on the location.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $5,500,000
No. of Units: 10
Average Occupancy: 3.86
Year Built: 1948
Lot Size: 0.16 Sq ft
Opportunity Zone: No
Price per unit: $550,000
Property Website Click Here
Address: 801-807 Coronado Court, San Diego, CA 92109, USA
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