201 C Ave, Coronado, California 92118, Coronado, 92118 - 2 bed, 2 bath
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Coronado, California 92118
This property presents a High-Potential Investment Opportunity with a List Price of $1,425,000—positioned well below the $1,312,227 Fair Market Value by -8%. With a Condition Rating of 5, this asset requires a total rehab, yet offers significant upside through its 2,272 sq ft lot and potential for a second-story addition with bay views. Located in the Coronado Unified School District, this is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to maximize value in a prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 C Ave Subject | $1,425,000* List Price | 2 | 2 | 874 | $1,501 | - |
A 1010 5th Sold | $1,200,000 | 2 | 2 | 840 | $1,429 | 0.4 mi |
B 201 C Ave Active | $1,425,000 List Price | 2 | 2 | 874 | $1,630 | 0.0 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 significantly dated and lacks modern updates to the kitchen, bathrooms, and core systems. The listing's emphasis on 'development potential' and 'opportunity' indicates the structure requires a total rehab, as the primary value lies in the Coronado land and potential for a second-story addition.
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 amenities, dining, and transportation.
The property presents a rare value-add opportunity to add a second story, which would likely capture stunning San Diego bay and skyline views, maximizing the lot's utility.
With only 874 total square feet across two small units on a 2,272 square foot lot, the current living space is constrained relative to the high entry price point.
Built in 1951 and held by the same owner for over 46 years, the property likely requires substantial capital investment for modernization or a complete redevelopment to meet modern luxury standards.
HUGE PRICE REDUCTION! 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 |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 874 | 2,796.5 |
| Lot Size | 2,272 | 5,723 |
| Price | $1.43M | $3.37M |
| Price per sq ft | $1.6K | $1.4K |
| Built year | 1951 | 1989 |
| HOA | $0 | $209 |
| Days on market | 26 | 60 |
Jun 26, 2026
$1,425,000
Initial Listing