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225 D AvenueCoronado, CA 92118

For Sale

$3,600,000

Smart Buyer Rebate $36,000

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 (historic review not required). 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.

Listed by Penny Nathan

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License #01275714

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Ascent Real Estate

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pnathan@ascentpropertymanagement.com

Listed by Judy Preston

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License #02205944

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Ascent Real Estate

Last updated May 01, 2026

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Source: CRMLS #NDP2604044

Listing Facts

  • TypeMulti-family
  • NeighborhoodCoronado Beach South Island
  • Days on Prevu3

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/28/2026
Listed by Ascent Real Estate
$3,600,000

Property Details for 225 D Avenue

Association

Amenities

  • Community Features: Dog Park, Golf, Park, Storm Drain(s), Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 7
  • Property Attached: Yes
  • Stories Total: 1
  • Year Built: 1955
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: curb

Measurements

  • Building Area Total: 2,900
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,000
  • Lot Size Dimensions: 50,143
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7,000
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.0
  • Gross Income: $120,700.00
  • Operating Expense: $46,000.00

Taxes

  • Parcel Number: 5361520300

Other

Location

  • Tax Lot: 153/26

Parking

Parking

  • Open Parking Spaces: 5
  • Parking Total: 5

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 225 D Avenue.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 225 D Avenue.

How does 225 D Avenue compare to other multi-family homes in Coronado Beach South Island?

This multi-family home is listed 6% above the average price for multi-family homes in Coronado Beach South Island and has been on the market for 61 less days than the typical home in this area.

225 D Avenue is a -bedroom multi-family home for sale in Coronado CA 92118. Listed on Prevu for 3 days at $3,600,000. This home is located in Coronado Beach South Island. The median listing price for multi-family homes in this area is $3,399,000. Property amenities include parking. View other multi-family home listings in San Diego County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.