$8,575,000
●
Commercial -
Off Market
929 E Ave
Coronado, CA 92118
Studio
0 Bath
$46,647
Est. Monthly
About This Property
Don't miss out on this once-in-a-lifetime opportunity in the
coveted Coronado Village! Welcome to 929-931 E Ave, boasting 16
units just three blocks from the beach. With 3 parcels totaling
17,180 sqft, including 2 subdividable parcels for potential home
construction, this multifamily gem offers versatility and
potential. Comprising 4 units with 1 bed, 1 bath, 2 units with 2
beds, 1 bath, 8 units with 2 beds, 2 baths, and 2 units with 3
beds, 2 baths, totaling 14,872 sqft, each unit features comfort and
efficiency. Positioned in a highly desirable neighborhood,
residents enjoy easy access to Coronado's attractions, restaurants,
and shopping. This exceptional investment opportunity beckons savvy
investors to expand their portfolio in one of California's premier
real estate markets. Act now before it's too late!
Unit Size
-
Days on Market
85 days
Land Size
0.39 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1965
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #240027703SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2024 | Listed by Century 21 Affiliated | $9,500,000 | |
| Listed by Century 21 Affiliated | |||
Property Highlights
Exterior Details
Parcel Number: 5373310600
Home Type: CommercialSale
Construction Materials: Stone, Stucco
Lot Size Acres: 0.3944
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2024
| |
Loft
|
-
|
-
|
$9,500,000
Loft
-
|
$8,575,000
-9.74%
02/25/2025
|
Melvina Selfani
Century 21 Affiliated
|
Building Info
About Coronado
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Melvina Selfani, Century 21 Affiliated
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240027703SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240027703SD
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017