1133 1st St #119
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1133 1st St #119

Dbottom 20%

Coronado, CA 92118

$1,900,000

Pass at asking: -$12,482/mo full cashflow at 20% down, 7.43% rate.

Works at $274,870 (86% under asking); even all cash loses money at asking.

Rent $5,235/mo from 27 leases of 2-bed condos & townhomes within 1 mi ($3,985–$5,228).

Beds

2

Baths

2

Sqft

1,447

Year Built

2000

Days on Market

71

Property Type

Condo

HOA/mo

$1,920

MLS ID

260021323SD

This property is in Coronado (92118). Browse neighborhood analytics →

Virtual Tour

About This Property

Bay views with San Diego skyline, two roomy patios, 2BR, 2BA, open floor plan living. Large 12x10 Storage, two side-by-side underground parking spaces, Gym, Sauna, Pool, Spa, services within a short walk. BR#2 with Murphy Bed/Desk set up. This is a perfect condo to enjoy the Coronado Lifestyle.

Mortgage Calculator

Est. Monthly Payment

$14,929

Principal & Interest$10,555
Property Tax$1,900
Insurance$554
HOA$1,920
%($380,000)
%
Loan Term

Location

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Zoned Schools

  • Middle

    Coronado Middle · grades 6-8 · Coronado Unified

  • High

    Coronado High · grades 9-12 · Coronado Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules

Investment Score

0D
Est. Monthly Rent
$5,235

27 leases of 2-bed condos & townhomes within 1 mi · $3,985–$5,228

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$9,694
Full Cashflow

Incl. vacancy, PM, maint, capex

-$12,482

What would make this work?

$12,482/mo short at 20% down; +$16,210/mo rent closes it.

Break-even price

86% under asking

$274,870
Break-even rent

$16,210/mo above the estimate

$21,445/mo
Cashflow at 35% down
−$10,503/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$10,555
Cap Rate
-1.05%
Cash-on-Cash
-39.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.35

NOI (Annual)
-$19,976
Price-to-Rent

Lower = better for investors

30.2

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$12,482/mo