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812-820 E Ave
Coronado, CA 92118 Coronado

$3,250,000 USD

Apartments For Sale  •  2,753 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,706 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1948
  • Cap Rate 2.60 %
  • Zoning R3
30 Transit Score
60 Walk Score

Highlights

Walkable Coronado Location – Just Two Blocks to Orange Avenue and Minutes to Coronado Beach
Rental Upside – Approximately 16.5% Potential Through Interior Renovations
High-Demand Submarket – Limited Supply, Strong Rent Growth, and Consistently Low Vacancy
ADU Potential – Two Single Garages Totaling Approximately 598 Sq. Ft. (Buyer to Verify)
Desirable Unit Mix – Four 1-Bedroom Units and One 2-Bedroom Unit, Each with Patio/Balcony
Low-Density 5-Unit Courtyard Property with Spacious Outdoor Areas

Financial Summary (Actual)

Net Operating Income: $84,507 USD (2026)
Cap Rate: 2.60 %
Total Expenses: $69,093 USD

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 11 min - 5.7 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 14 min - 8.8 mi
AirportDriveWalkDistance
San Diego International 13 min - 7.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
Dylan Wright 619-255-3233 MD Real Estate Inc
Dylan Wright 619-255-3233 MD Real Estate Inc