Description

Eleven on G is an 11-unit multifamily property situated on a 6,707-square-foot parcel in the heart of Coronado. The property consists of ten one-bedroom residences and one two-bedroom residence totaling approximately 5,511 square feet, with an expansive front lawn, mature landscaping and multiple open-air areas that create an inviting residential setting. A defining characteristic of the property is its existing 11-unit configuration, representing a level of multifamily density that would be difficult to replicate under today’s development standards. This existing scale, combined with the property’s relatively compact footprint and attractive outdoor areas, distinguishes Eleven on G from many other multifamily investment opportunities in Coronado. The improvements have been well maintained, with select interiors featuring thoughtful renovations and updated finishes. The combination of improved and more traditional units provides an incoming investor with an established asset while preserving opportunities to enhance rents and interiors over time. Located just steps from Coronado High School and within easy walking distance of Orange Avenue, neighborhood shopping, restaurants, parks and recreation, Eleven on G combines established multifamily scale with the walkability and residential character that distinguish Coronado’s rental market.

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Property information

Property type

Commercial Sale

Sub-type

Mixed Use

Lot size

0.15 acres

Days on market

10

Parcel number

5370622500