$3,950,000 $21,204 est/mo

1036 B Avenue,Coronado, CA 92118

Name: 1036 B Avenue, Coronado, CA 92118
SKU: PTP2002013
Price: 3950000 USD
Availability: InStock

Coronado CA, 92118

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Description

Rare Legacy Opportunity to own a fabulous income property located right in the heart of the famous Coronado Village. On the market for the first time in 26 years, this unique property is zoned "Commercial" with 7 residential units that have been "Grandfathered-in". Such wonderful Charm & Character... The City of Coronado does not currently regulate Short Term/Vacation rentals in Commercial zoning - so LOTS of opportunity for income upside. The front building consists of (4) One bedroom/ one bath units.. all interiors updated over the last 10-12 years. The rear building consists of three - charming studio units. The exteriors in 2020 have new 40 year Roofs, new stucco, new paint, new stairway carpeting, new landscaping, irrigation and sod. The courtyard features pavers, shared common areas, bike storage and shared coin operated laundry. 6 of the units are long term tenants with low rent - all MTM except one lease until June 2021. One unit is currently being furnished and converted to a short term rental in Dec 2020. This property is nestled into the Village and is just steps away from amazing restaurants, shopping and only 2 blocks from the Hotel Del Coronado and its famous white Sandy beaches, golf courses, tennis, etc... ultimate vacation destination! Future development possibilities in Commercial zoning.

Details

MLS#	PTP2002013
Listing Type	For Sale
Style	Industrial
Sub-Type	Resale
Status	Active
Year	1945
Days On Site	78

Features

SQ Feet	3,692
Units	7
Zoning	Commercial - within OACS

Market Activity 92118

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Nov 2020	Sales: 62	Avg $ Per SqFt: $824.53	Min Sale Price: $6,200	Max Sale Price: $2,825,000	Med Sale Price: $1,252,500
Date: Oct 2020	Sales: 12	Avg $ Per SqFt: $726.39	Min Sale Price: $5,500	Max Sale Price: $4,000,000	Med Sale Price: $1,155,000
Date: Sep 2020	Sales: 17	Avg $ Per SqFt: $989.1	Min Sale Price: $3,175	Max Sale Price: $6,500,000	Med Sale Price: $1,760,000
Date: Aug 2020	Sales: 30	Avg $ Per SqFt: $826.23	Min Sale Price: $2,700	Max Sale Price: $3,515,000	Med Sale Price: $1,182,500
Date: Jul 2020	Sales: 37	Avg $ Per SqFt: $870.47	Min Sale Price: $2,300	Max Sale Price: $3,800,000	Med Sale Price: $1,725,000
Date: Jun 2020	Sales: 44	Avg $ Per SqFt: $738.06	Min Sale Price: $2,500	Max Sale Price: $4,150,000	Med Sale Price: $1,373,500
Date: May 2020	Sales: 24	Avg $ Per SqFt: $841.04	Min Sale Price: $1,750	Max Sale Price: $7,921,250	Med Sale Price: $1,574,925
Date: Apr 2020	Sales: 67	Avg $ Per SqFt: $857.72	Min Sale Price: $1,800	Max Sale Price: $10,300,000	Med Sale Price: $1,525,000
Date: Mar 2020	Sales: 26	Avg $ Per SqFt: $592.27	Min Sale Price: $2,025	Max Sale Price: $11,000,000	Med Sale Price: $1,077,500
Date: Feb 2020	Sales: 57	Avg $ Per SqFt: $813.76	Min Sale Price: $2,100	Max Sale Price: $6,400,000	Med Sale Price: $1,725,000

Nov 2020
Sales:	62
Avg $ Per SqFt:	$824.53
Min Sale Price:	$6,200
Max Sale Price:	$2,825,000
Med Sale Price:	$1,252,500
Oct 2020
Sales:	12
Avg $ Per SqFt:	$726.39
Min Sale Price:	$5,500
Max Sale Price:	$4,000,000
Med Sale Price:	$1,155,000
Sep 2020
Sales:	17
Avg $ Per SqFt:	$989.1
Min Sale Price:	$3,175
Max Sale Price:	$6,500,000
Med Sale Price:	$1,760,000
Aug 2020
Sales:	30
Avg $ Per SqFt:	$826.23
Min Sale Price:	$2,700
Max Sale Price:	$3,515,000
Med Sale Price:	$1,182,500
Jul 2020
Sales:	37
Avg $ Per SqFt:	$870.47
Min Sale Price:	$2,300
Max Sale Price:	$3,800,000
Med Sale Price:	$1,725,000
Jun 2020
Sales:	44
Avg $ Per SqFt:	$738.06
Min Sale Price:	$2,500
Max Sale Price:	$4,150,000
Med Sale Price:	$1,373,500
May 2020
Sales:	24
Avg $ Per SqFt:	$841.04
Min Sale Price:	$1,750
Max Sale Price:	$7,921,250
Med Sale Price:	$1,574,925
Apr 2020
Sales:	67
Avg $ Per SqFt:	$857.72
Min Sale Price:	$1,800
Max Sale Price:	$10,300,000
Med Sale Price:	$1,525,000
Mar 2020
Sales:	26
Avg $ Per SqFt:	$592.27
Min Sale Price:	$2,025
Max Sale Price:	$11,000,000
Med Sale Price:	$1,077,500
Feb 2020
Sales:	57
Avg $ Per SqFt:	$813.76
Min Sale Price:	$2,100
Max Sale Price:	$6,400,000
Med Sale Price:	$1,725,000

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Nicole Allen

01977756 (760) 403-3703

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Area Information
State	CA
County	San Diego
City	Coronado
Zip Code	92118
Area	92118 - Coronado
Listing VS Median (in 92118)
Price: $3,950,000 low \| high Med: $12,000 100% of Average SqFt: 3,692 low \| high Med: 3,798 47.128927410618% of Average $ / SqFt: $1,070 low \| high Med: $3 100% of Average On Site: 78 low \| high Med: 18 100% of Average

Listing Updated: January 24, 2021 1:50:26 PM PST

MLS Number: PTP2002013
Listing Provided By:
Maryann Hilvers Augustine of Frontline Realty Group

1036 B Avenue,Coronado, CA 92118

Coronado CA, 92118

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Description

Details

Features

Market Activity 92118

Request a showing

Request a showing

Contact

Learn More About This Property

Nicole Allen

nicoleallenrealtor.com