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1111 Adella
Coronado, CA 92118
Eleven Eleven Adella · Multifamily Property For Sale
·
13 Units
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 9,134 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 0.78/1,000 SF |
| Zoning | R-3 | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 9,134 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Kitchen
- Refrigerator
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Property Manager on Site
- Walking/Biking Trails
- Maintenance on site
ABOUT 1111 ADELLA , CORONADO, CA 92118
ACRE Investment Real Estate Services is proud to present this 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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $2,085 | 440 |
| 1+1 | 3 | $2,261 | 595 |
| 2+1 | 6 | $2,445 | 875 |
PROPERTY TAXES
| Parcel Number | 537-570-09 | Improvements Assessment | $3,077,503 |
| Land Assessment | $4,881,556 | Total Assessment | $7,959,059 |
PROPERTY TAXES
