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  • 221 225 D Avenue

221 225 D Avenue, Coronado, CA 92118

$3,250,000 Approx. USD 0 beds, 0 baths

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Photo of Karen Crabtree

Karen Crabtree REALTOR® - Sales Associate 619-857-1575 m
619-498-3488 o
Lic#: 01074891
NRDS ID: 187000335
crabtree@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01074891
NRDS ID: 187000335
crabtree@bhhscal.com Chula Vista Office
2060 Otay Lakes Rd., #160
Chula Vista, CA 91913
Phone: 619-946-1900
Fax: 619-421-5606
 Chula Vista 2060 Otay Lakes Rd., #160
Chula Vista, CA 91913
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Fax: 619-421-5606
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Listing Agent


Penny Nathan | pnathan@ascentpropertymanagement.com
Lic#: 01275714
Broker: Courtesy of Ascent Real Estate
Phone: 619-985-7369

Co Listing Agent


Judy Preston | judy@prestonccim.com
Lic#: 02205944
Broker: Courtesy of JP Equity Real Estate Corp.
Phone: 619-309-9559

Agent Remarks

Check out this competitively priced income opportunity! 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. 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.

Listing Details

Trust & Probate
Property type: (Multi-Family)
Status: Pending
MLS# NDP2604044
List price is $3,250,000 Reduced by $350,000 on 7/13/2026
Price: $3,250,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1955
0.16 acres
Lot size: 0.1607
County: San Diego
Zoning: R-3
Lot description: Level
MLS area: 92118 - Coronado

Last Updated: 8/4/2026

 Days On Market (DOM): 94

 Find more Coronado homes and real estate

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This listing belongs to the 92118 - Coronado MLS area

Lat/Long: 32.697251, -117.174283.
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Source: CRM. Also Available in NDP2603721,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Karen Crabtree

Karen Crabtree REALTOR® - Sales Associate 619-857-1575 m
619-498-3488 o
Lic#: 01074891
NRDS ID: 187000335
crabtree@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01074891
NRDS ID: 187000335
crabtree@bhhscal.com
Chula Vista Office
2060 Otay Lakes Rd., #160
Chula Vista, CA 91913
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