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Daina Burness

Coronado CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Coronado, CA is $2,535,000. This is higher than the county median home value of $725,000. The national median home value is $308,980. The average price of homes sold in Coronado, CA is $2,535,000. Approximately 39% of Coronado homes are owned, compared to 40% rented, while 22% are vacant. Coronado real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Coronado real estate agent to arrange a tour today!
Learn more about Coronado.

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Mixed Use
Lot size:
0.6 Acres
Listing Agent: Ken Pecus - eXp Realty of California, Inc
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One of THE Legacy properties on The Crown Isle, welcome to DEL ISLAND! Introducing a truly cross-generational opportunity, the likes of which has not been seen in Coronado! This development site, which is easily recognized as one of the Landmark gateway properties when entering Coronado's main commercial district along Orange Avenue, offers exceptional possibilities. Currently housing 29 residential units with an excellent mix of studios, 1 bedrooms and 2 bedrooms, plus 30 off-street parking spaces. The location is just 2 blocks NE to the Bay and 4 blocks SW to the main commercial district, Spreckles park and schools, which invites a bevy of development possibilities. The property has been laced together over many decades and features 4 contiguous parcels totaling 28,000+ sf of highly coveted R4 zoning! Keep them as-is and remodel, or renew the Affordable Housing City Covenant, or wait until expiration in less than 4 years and develop a full market rate product. In all of San Diego County, you would be hard-pressed to find a prime urban and coastal development site like this that actually has a bonafide income stream, while you go through planning, design and permitting processes over the next few years. Or maybe... where better is there to just "Landbank" cash/equity than Coronado Island and leave as-is over the next number of years for perhaps estate legacy planning? Properties included in sale are: 1014-28 3rd St/APN#536-222-23-00 & 308 Orange Ave/APN#536-222-22-00 & 320-22 Orange Ave/APN#536-222-21-00 & 328-30 Orange Ave/APN#536-222-20-00.

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Based on information from CRISNet MLS as of 5/29/2023. 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.
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