1042-1052 Adella Ave - Apartments FOR SALE


Coronado, CA 92118
$4,700,000 USD
760-994-5037
1042-1052 Adella Ave, Coronado, CA for Sale
$4,700,000 USD
Apartments - FOR SALE
1/12
null | 2% Cap Rate

1042-1052 Adella Ave
Coronado, CA 92118


OVERVIEW

Probate Sale- Property built in 1909 converted into 6 apartments. Unit mix is 1 studio and 5 1-bedroom units. Current zoning is R-1A. Tier 1 Historic designation requires historic review and may qualify for Mills Act. 1 Vacant unit, 4 month to month and 1 lease terms 2/31/2027.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$791 USD /SF

# OF UNITS

6

PRICE/UNIT

$783,333

CAP RATE

2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R1A

APN/PARCEL ID

537-462-06

ASK ABOUT THIS PROPERTY

Penny NathanAscent CommercialMore Info
760-994-5037

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Penny NathanAscent CommercialMore Info
760-994-5037

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