1012 A Avenue, Coronado, CA 92118 | 190018831 | Willis Allen Real Estate

1012 A Avenue $6,150,000

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    1012 A Avenue Coronado, CA 92118

    Closed
    SOLD 12/16/2019

    $6,150,000

    Market Estimate
    • Commercial Sale
    • MLS# 190018831
    Favorite Share
    Views: 71 Days On Market: 73

    Property Details

    We are proud to present an exclusive opportunity to acquire a generational asset, prime for improvement or redevelopment. Lori Manor, a trophy asset comprised of 18 units, is located only 1 block from the iconic Hotel Del Coronado, World Famous Coronado Beach, and all of Coronado's premier dining, nightlife, and shopping. Under market rents and a majority of month to month tenants offer the astute investor looking to capitalize on the changing landscape of Coronado's epicenter a perfect opportunity to add additional capital to improve and redefine the largest multi family offering in Coronado in over 25 years. Amenities: BBQ Exterior: ,,,

    Neighborhood

    92118 (Coronado) Demographics

    40 Median Age
    3,026 Population Density (per sq. mile)
    68% College Educated
    $92,413 Estimated Median Income
    4,402 Estimated Total Home Owners
    4,584 Estimated Total Renters
    49% / 51% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    23,473 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,900,000 Median Sales Price
    11 Homes Sold
    103 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $7,149,000 16.24%
        12/16/2019 12:00:00 AM Sold Source New Value: $6,150,000 -1.6%
        10/7/2019 10:16:55 AM Status Changed Source New Value: Pending
        9/16/2019 10:04:54 AM Price Reduced Source New Value: $6,250,000
        9/16/2019 10:04:54 AM Status Changed Source New Value: Active

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        Based on information from California Regional Multiple Listing Service, Inc. as of 2/29/2020 3:54:02 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.