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1001-11 3rd Street, 
Coronado, CA 92118

$4,490,000


5

Beds


4

Baths


1,400

Sq Ft


Multi-Family

Active

Listed by

Christoffer W Groves

Broker Groves, Inc

Last updated:

November 18, 2025, 03:35 PM

MLS#

250043436

Source:

San Diego MLS via CRMLS

About This Home

1001-11 3rd Street

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 Coronado are few and far between—don’t miss the chance to make this exceptional investment property yours.

Home Facts

Multi-Family

4 Baths

5 Bedrooms

Built in 1935

Price Summary

4,490,000

$3,207 per Sq. Ft.

MLS #:

250043436

Last Updated:

November 18, 2025, 03:35 PM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

1,400 Sq. Ft.


Structure

Structure

Building Area:

1,400 Sq. Ft.

Year Built:

1935


Finances & Disclosures

Finances

Price:

$4,490,000

Price per Sq. Ft:

$3,207 per Sq. Ft.

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