1155 Star Park Circle #1D
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1155 Star Park Circle #1D

Dbottom 20%

Coronado, CA 92118

$2,335,000

Pass at asking: -$14,809/mo full cashflow at 20% down, 7.43% rate.

Works at $406,752 (83% under asking); even all cash loses money at asking.

Rent $5,207/mo from 12 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($4,719–$6,445).

Beds

2

Baths

2

Sqft

1,404

Year Built

1964

Days on Market

257

Property Type

Condo

HOA/mo

$885

MLS ID

260004349SD

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

Virtual Tour

About This Property

Welcome to a magical place to call home! Step into coastal living at its finest with this beautifully updated single-level condo at 1155 Star Park Circle, #1D, in the heart of Coronado. Just one block from the beach, 2 blocks to the Hotel Del, this prime location offers the perfect blend of relaxation and convenience. Imagine starting your mornings with a peaceful stroll along the sandy shores and wrapping up your evenings with dinner at the Hotel Del or boutique shopping on Orange Avenue, all just a short walk away. This thoughtfully remodeled 2-bedroom, 2-bathroom residence includes a versatile den, ideal for a home office or bunk room. The open living area flows seamlessly onto a private patio, where you can enjoy your morning coffee or unwind while taking in views of the tranquil greenery of Star Park. Every detail of this home complements the laid-back yet luxurious lifestyle Coronado is known for. Don’t miss your chance to own a slice of paradise!

Mortgage Calculator

Est. Monthly Payment

$16,873

Principal & Interest$12,972
Property Tax$2,335
Insurance$681
HOA$885
%($467,000)
%
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
$5,207

12 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $4,719–$6,445

Blended 50/50 with the zip's market median ($5,312)

Monthly Cashflow

Rent − PITIA

-$11,666
Full Cashflow

Incl. vacancy, PM, maint, capex

-$14,809

What would make this work?

$14,809/mo short at 20% down; +$19,233/mo rent closes it.

Break-even price

83% under asking

$406,752
Break-even rent

$19,233/mo above the estimate

$24,440/mo
Cashflow at 35% down
−$12,377/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)
$12,972
Cap Rate
-0.81%
Cash-on-Cash
-38.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.31

NOI (Annual)
-$18,925
Price-to-Rent

Lower = better for investors

37.4

* 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−$14,809/mo