201 C Ave, Coronado, California 92118, Coronado, 92118 - 2 bed, 2 bath
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Coronado, California 92118
This Coronado Duplex Development Asset is listed at $1,750,000, positioned near its $1,697,896 Fair Market Value. Currently holding a Dated Condition Rating, this property represents a rare Value-Add Opportunity just one block from the Ferry Landing. The 2,272 sqft lot offers immense potential for redevelopment, including a second-story addition to capture San Diego Bay views. Located within the elite Coronado Unified district with access to 10/10 rated schools, this is a premier acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors looking to capitalize on a high-barrier coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 C Ave Subject | $1,635,000* List Price | 2 | 2 | 874 | $1,851 | - |
A 1010 5th Active | $1,500,000 List Price | 2 | 2 | 840 | $1,786 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 and held by the same owner for over 46 years, the property is in significantly dated condition. The interiors feature obsolete kitchens with old appliances, basic cabinetry, and aged flooring. The bathrooms and living areas show substantial wear and lack modern fixtures or systems. The listing's emphasis on 'development potential' and the possibility of adding a second story further indicates that the current structure requires a total rehabilitation or is a candidate for redevelopment to meet modern standards.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Situated just one block from the Coronado Ferry Landing, the property offers exceptional walkability and immediate access to premium waterfront dining, shopping, and the ferry to downtown San Diego.
The property presents a rare value-add opportunity to add a second story, which would likely capture stunning San Diego Bay and skyline views, substantially increasing the asset's market value.
With each unit measuring only approximately 437 square feet, the current interior footprint is very limited and may require significant expansion to meet modern luxury standards.
The 2,272 square foot lot is relatively small for the area, which may impose architectural constraints on future development and limits the amount of private outdoor yard space.
AMAZING OPPORTUNITY IN CORONADO JUST 1 BLOCK FROM THE FERRY LANDING. CURRENTY BEING USED AS A DUPLEX WTH LOADS OF POTENTIAL FOR ADDITIONAL POSSIBLE DEVELOPMENT. EACH UNIT IS A 1 BEDROOM, 1 BATH WITH APPROX 437 SQ FT ALONG WITH A PRIVATE PATIO AREA. THE LOT SIZE IS 2272 SQ FT. POTENTIAL BAY AND SKYLINE VIEWS IF YOU WERE TO ADD A 2ND STORY. FIRST TIME THIS PROPERTY HAS BEEN OFFERED FOR SALE IN OVER 46 YEARS.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 6% |
| Baths | 2.0 | 3.0 | 22% |
| Square foot | 874 | 2,420 | 2% |
| Lot Size | 2,272 | 4,332.5 | 39% |
| Price | $1.64M | $3.42M | 2% |
| Price per sq ft | $1.9K | $1.4K | 80% |
| Built year | 1951 | 1985 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 154 | 19% |
Apr 9, 2026
$1,635,000
$1,750,000
-7% Price Drop
Initial Listing
Feb 25, 2026
$1,750,000
Initial Listing