1001 11 3rd street

Coronado , CA 92118

MLS#: 250043436SD

$4,490,000

Status: Active
Listing number: 250043436SD
Listing provided by: Broker Groves, Inc
Listing agent phone: None
Last update: 7 hours ago
New on site 1 day ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1935

Sq.Footage

N/A

A rare opportunity to own a fully remodeled legacy property in the iconic Isle of Coronado, just 2.5 blocks from the sparkling white-sand beaches and steps to top-rated restaurants, boutique shopping, lively bars, and the Coronado Ferry for direct access to downtown San Diego & Petco Park. This timeless 1937 coastal income property has been completely redone from top to bottom while preserving its classic charm. Situated on a premier 7,070 sq ft corner lot with highly sought-after R-3 zoning, it features four beautifully updated units and four garages: three spacious 1BR/1BA single-story units with soaring 9 ft ceilings, and a 2BR/1BA unit located above the garages, with two garages expertly converted into a 420 sq ft office with a full bath. One of the front 1BR units is elegantly furnished and currently operated as a successful 30+ day vacation rental, showcasing the exceptional finishes and rental potential available throughout. With strong income already in place and unmatched walkability, this turnkey property offers incredible flexibility—live in one unit and rent the others, increase rental revenue in a high-demand market, or redevelop the property into four luxury coastal homes that could each be sold individually for tremendous upside. Trophy opportunities like this in Coronado are few and far between—don’t miss the chance to make this exceptional investment property yours.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

Price

  • Sales Price

    $4,490,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

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Location

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Listing Courtesy of Christoffer Groves , Broker Groves, Inc

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A rare opportunity to own a fully remodeled legacy property in the iconic Isle of Coronado, just 2.5 blocks from the sparkling white-sand beaches and steps to top-rated restaurants, boutique shopping, lively bars, and the Coronado Ferry for direct access to downtown San Diego & Petco Park. This timeless 1937 coastal income property has been completely redone from top to bottom while preserving its classic charm. Situated on a premier 7,070 sq ft corner lot with highly sought-after R-3 zoning, it features four beautifully updated units and four garages: three spacious 1BR/1BA single-story units with soaring 9 ft ceilings, and a 2BR/1BA unit located above the garages, with two garages expertly converted into a 420 sq ft office with a full bath. One of the front 1BR units is elegantly furnished and currently operated as a successful 30+ day vacation rental, showcasing the exceptional finishes and rental potential available throughout. With strong income already in place and unmatched walkability, this turnkey property offers incredible flexibility—live in one unit and rent the others, increase rental revenue in a high-demand market, or redevelop the property into four luxury coastal homes that could each be sold individually for tremendous upside. Trophy opportunities like this in Coronado are few and far between—don’t miss the chance to make this exceptional investment property yours.

1001 11 3rd street

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