property-detail

property-detail

property-detail

property-detail

property-detail

property-detail

1111 Adella, Coronado CA 92118 | $6,295,000

Status: Active
  • 2 bedrooms
  • 1 bathrooms
  • 0 Sq Ft
  • 12898 Lot Sq Ft
  • Type: Com-Res Income
  • Stories: 2
  • Year Built:
  • MLS#: 190021311
  • Community: South Bay

Listing provided courtesy of Craig Stewart of Acre Investment Real Estate. Last updated 2019-05-16 09:20:48.000000. Listing information © 2019 Sandicor.

This is an excellent 13 unit apartment investment in Coronado, California. It is extremely rare for an asset of this size to come on the market in Coronado. The location of this property is in the most coveted area of Coronado - close to beaches, bay and the Hotel Del Coronado. This asset has been well maintained and still has that late 50's beach vibe. The unit mix is excellent, with 6 - two bedroom/one bath units, 3 - one bedroom/one bath units, and 4 studios. The rents are very close to market, and there is an opportunity to increase cash flow through improved management practices. This is the perfect opportunity for an investor to buy in one of the most coveted real estate markets in California and enjoy cash flow along with appreciation. **DO NOT WALK ON PROPERTY OR DISTURB TENANTS. SHOWN ONLY WITH AN ACCEPTED OFFER**

More Details

0.3 Acres
2 Stories
Number of Units: 13
Price Per Unit: 484231
SqFt of Improvement: 8795

Call or Text: 619-568-2600

Thank you!