A rare opportunity to own a fully remodeled legacy property in the iconic Isle of Coronado, just 2.5 blocks from the sparkling white-sand beaches and steps to top-rated restaurants, boutique shopping, lively bars, and the Coronado Ferry for direct access to downtown San Diego & Petco Park. This timeless 1937 coastal income property has been completely redone from top to bottom while preserving its classic charm. Situated on a premier 7,070 sq ft corner lot with highly sought-after R-3 zoning, it features four beautifully updated units and four garages: three spacious 1BR/1BA single-story units with soaring 9 ft ceilings, and a 2BR/1BA unit located above the garages, with two garages expertly converted into a 420 sq ft office with a full bath. One of the front 1BR units is elegantly furnished and currently operated as a successful 30+ day vacation rental, showcasing the exceptional finishes and rental potential available throughout. With strong income already in place and unmatched walkability, this turnkey property offers incredible flexibility—live in one unit and rent the others, increase rental revenue in a high-demand market, or redevelop the property into four luxury coastal homes that could each be sold individually for tremendous upside. Trophy opportunities like this in C
MLS #
SD250043436
MLS Source
San Diego MLS
Days on Site
29
Cooling
Window/Wall Unit
Heating
Electric, Multi Type
Roof
Composition
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 750 | 1 | 1/0 | – |
| 2 | 650 | 1 | 1/0 | – |
| 3 | – | 1 | 1/0 | – |
| 4 | – | 2 | 1/0 | – |
1001-11 3rd Street is a Residential Income in Coronado, CA 92118. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,490,000 and was built in 1935. This address can also be written as 1001-11 3rd Street, Coronado, CA 92118.
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This listing information is up-to-date as of November 06, 2025. For the most current information, please contact Christoffer Groves, (619) 519-4453