335 Alameda Blvd, Coronado, California 92118, Coronado, 92118 - 4 bed, 3 bath
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Coronado, California 92118
This property presents a High-Potential Investment Opportunity with a List Price of $3,400,000—positioned well below the $3,473,161 Fair Market Value by 2%. This valuation gap offers $73,161 in Instant Equity. With a Condition Rating of 6, the structure serves as a blank canvas for development on a 7,089 sq. ft. lot. Located near top-tier schools like Coronado High (10/10), this is an ideal acquisition for Real Estate Developers or Custom Home Builders seeking prime Coronado land.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 335 Alameda Blvd Subject | $3,400,000* List Price | 4 | 3 | 2,530 | $1,373 | - |
A 624 J Ave Sold | $3,600,000 | 4 | 3 | 2,511 | $1,434 | 0.3 mi |
B 1411 8th Street Sold | $3,950,000 | 3 | 3 | 2,426 | $1,628 | 0.9 mi |
C 810 Coronado Ave Sold | $2,900,000 | 4 | 2 | 1,712 | $1,694 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1934 (>90 years old) with no recorded renovations. The listing explicitly markets the property as a 'blank canvas to build your dream home' and highlights 'massive development potential,' indicating the structure is likely at the end of its functional life and the value lies in the 7,000+ sq. ft. lot.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
The 7,000+ sq. ft. lot is not designated as historic, providing a rare 'blank canvas' in Coronado to subdivide, remodel, or build a custom estate without restrictive preservation hurdles.
The property is served by top-tier public schools, including Coronado High (10/10) and Coronado Middle (9/10), all located within a convenient half-mile radius.
Direct proximity to the North Island Naval Base may result in significant noise from aircraft and military operations, potentially impacting the tranquility of the residential environment.
Given the 1934 construction and marketing focus on land value, the existing structure likely requires a massive capital investment for modernization or demolition to achieve its full market potential.
Huge 7000+ sq.ft lot with massive development potential in Coronado. The house is NOT historic, making this property a blank canvas to build your dream home, completely remodel, or potentially subdivide into two lots and develop multiple properties. Close to everything in iconic Coronado, walk or bike everywhere on Island, plus easy access to transit nearby. Situated directly across from the North Island Naval base, you have no residential neighbors across the street. Come and enjoy everything Coronado has to offer.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,530 | 2,381 | 66% |
| Lot Size | 7,089 | 4,239 | 81% |
| Price | $3.40M | $3.35M | 50% |
| Price per sq ft | $1.3K | $1.4K | 40% |
| Built year | 1934 | 1970 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 135 | 19% |
Jun 1, 2026
$3,400,000
Initial Listing