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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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225 D Avenue, Coronado – $3,600,000

  • $3.6M Price
  • 19 DOM
  • $3.6M Price
  • 19 DOM

225 D Avenue

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.

Essential Information

  • MLS® #NDP2603721
  • Price$3,600,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1955
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address225 D Avenue
  • Area92118 - Coronado
  • CityCoronado
  • CountySan Diego
  • Zip Code92118

Interior

  • # of Stories1

Exterior

  • Lot DescriptionFront Yard

Additional Information

  • Date ListedApril 1st, 2026
  • Days on Market19
  • ZoningR-3

Listing Details

  • AgentPenny Nathan
  • OfficeAscent Real Estate
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Penny Nathan, Ascent Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of May 6th, 2026 at 7:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.