1111 Adella, Coronado, 92118

Commercial - Com-Res Income For Sale

$6,295,000

Beds
Baths
Sqft
.3Acres
Built
25DOM
MLS® #: 190021311
ACTIVE, 25 Days on Market

This is an excellent 13 unit apartment investment in Coronado, California. It is extremely rare for an asset of this size to come on the market in Coronado. The location of this property is in the most coveted area of Coronado - close to beaches, bay and the Hotel Del Coronado. This asset has been well maintained and still has that late 50's beach vibe. The unit mix is excellent, with 6 - two bedroom/one bath units, 3 - one bedroom/one bath units, and 4 studios. The rents are very close to market, and there is an opportunity to increase cash flow through improved management practices. This is the perfect opportunity for an investor to buy in one of the most coveted real estate markets in California and enjoy cash flow along with appreciation. **DO NOT WALK ON PROPERTY OR DISTURB TENANTS. SHOWN ONLY WITH AN ACCEPTED OFFER**

Essential Information

MLS® #: 190021311
Price: $6,295,000
Acres: 0.30
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 1111 Adella
Area: CORONADO (92118)
City: Coronado
County: San Diego
State: CA
Zip Code: 92118

Amenities

Parking Spaces: 13
Parking: Spaces, Carports

Interior

Heating: Wall
Cooling: Wall/Window
# of Stories: 2
Stories: 2 Story

Exterior

Exterior: Fully Landscaped, All Auto Sprinklers, Cable Available, Part Fenced
Roof: Tar & Gravel
Construction: Frame, Lath/Plaster

Additional Information

Date Listed: April 12th, 2019
Days on Market: 25
Zoning: R4

Listing Details

Listing Office: Acre Investment Real Estate

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on May 21st, 2019 at 2:17pm PDT.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on May 21st, 2019 at 2:17pm PDT.