$4,490,000

1001 11 3rd street, Coronado, CA 92118

Multi-Family Home
Built in 1935
—— sqft lot
—— car garage
$——/sqft
Listed 2 days ago

Property Description

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.

Listing Status:: Active
Date Added:: November 6, 2025 at 06:00AM
Listing Office:: Broker Groves, Inc : 619-519-4453
Listing Agent:: Christoffer Groves : 619-519-4453
MLS ID:: 250043436SD

A/C: Wall/Window Unit(s)
Heating: CombinationElectric

Parking: Parking spaces: 0

Roofing: Composition
General: Multi/Split

HOA Amenities: 0.0
Originating MLS: CRMLS_SAND
County: San Diego

Zoning: 5361521000
Fencing: Cross Fenced

Source: CRMLS_SAND

This listing courtesy of Christoffer Groves, Broker Groves, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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