221 225 D Avenue Coronado, CA $ 3,250,000
221 225 D Avenue
$ 3,250,000
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221 225 D Avenue

Coronado, CA, 92118
$ 3,250,000
Bedrooms-- Baths-- Sq 2,970

Monthly Estimate*

$ 20,521

Listed by Ascent Real Estate
221 225 D Avenue, Coronado, CA 92118 - Image 1
221 225 D Avenue, Coronado, CA 92118 - Image 2
221 225 D Avenue, Coronado, CA 92118 - Image 3
221 225 D Avenue, Coronado, CA 92118 - Image 4
221 225 D Avenue, Coronado, CA 92118 - Image 5
221 225 D Avenue, Coronado, CA 92118 - Image 6
221 225 D Avenue, Coronado, CA 92118 - Image 7
221 225 D Avenue, Coronado, CA 92118 - Image 8
221 225 D Avenue, Coronado, CA 92118 - Image 9
221 225 D Avenue, Coronado, CA 92118 - Image 10
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Commercial Property for sale in Coronado, CA

for $3,250,000. This 2,970 square foot building was built in 1955.

Competitively Valued, we proudly present a rarely available 7-unit residential income property in the heart of Coronado. Combining two lots totaling 7,018 square feet and zoned R-3 and classified under Tier 3. Exceptional opportunity that surfaces once in a market cycle — just blocks from the iconic Ferry Landing with its waterfront dining, boutique shops, and direct access to San Diego Bay. Both APNs are being sold together. For the value-add investor, the existing units offer immediate upside through renovation and repositioning in one of California's most supply-constrained rental markets. For the developer or land banker, the R-3 zoning and combined lot size present a compelling future path — hold the asset, collect income, and develop a premium townhome community when the time is right. Whether your strategy is renovate, hold, or build, this property checks the box. Coronado does not offer second chances on opportunities like this one.

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Commercial Active

Price

$ 3,250,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1955

Town/City

Coronado

County/Region

San Diego

MLS | Web ID

NDP2603721

Days on Market

116

Features
General
Zoning R-3
HOA Fee 0
Year Built 1955
Property Subtype Multi Family
Additional Parcels Description 5361520400
County San Diego
Net Operating Income 72445
Operating Expense 79383
Insurance Expense 12187
Property Type Commercial Sale
Contingency Probate Court NOPA to be served at acceptance of offer. Subject to 15 days for notice period plus 5 days for mail. Executor will need time for this process. Please allow seller adequate time for this process when considering an offer escrow time. Thank you.
MaintenanceExpense 3800
Special Listing Conditions Probate Listing
Status Active
Directions 5 Freeway to 75 Coronado Bay Bridge continue past Orange Ave to right on D Avenue.
City Coronado
Number Of Units Total 7
MLS Area 92118 - Coronado
Listing Terms Cash Conventional
Electric Expense 1200
Trash Expense 4600
Water Sewer Expense 4400
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2603721
Standard Status Active
Property Sub Type Additional Multi Family
Cap Rate 2.23
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N false
Entry Level 1
Total Baths 0
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Exterior
Lot Features Front Yard
Total Parking 0
Lot Size Area 7078
Number of Buildings 2
Building Area Total 2970
Lot Size Source Public Records
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* Excluded Features
List By
Ascent Real Estate

Broker

pnathan@ascentpropertymanagement.com

Email

Affordability Calculator

$20,521
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,521
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/13/2026$3,250,000 -9.72% Price Down
4/17/2026$3,600,000 Listed Price

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221 225 D Avenue, Coronado, CA, 92118 is a Commercial Property for sale at $3,250,000 with 2,970 sqft. 221 225 D Avenue was built in 1955. The property's zip code is 92118 which is in Coronado, CA