
120 I Ave
Dbottom 20%Coronado, CA 92118
Pass at asking: -$44,042/mo full cashflow at 20% down, 7.43% rate.
Works at $1,060,747 (84% under asking); even all cash loses money at asking.
Rent $10,580/mo from 14 leases of 3–5 bed houses within 1 mi, same school area ($9,124–$11,667).
Beds
4
Baths
4.5
Sqft
3,521
Year Built
2013
Days on Market
236
Property Type
Single Family
HOA/mo
N/A
MLS ID
260006436SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
120 I Avenue presents a compelling opportunity to acquire one of Coronado’s premier custom residences. Ideally situated just steps from the bay and across from Bay View Park, the home blends architectural presence, refined coastal interiors, and exceptional indoor-outdoor living—along with rare parking capacity for up to six vehicles, including a detached two-car garage, two covered spaces, and additional off-alley parking. The thoughtfully designed main level features engineered wood flooring, formal dining, and a chef’s kitchen with premium appliances, quartz countertops, and a generous center island opening seamlessly to the living area with fireplace and covered patio complete with built-in BBQ and grassy yard. A first-floor bedroom suite offers flexibility for guests or multigenerational living. Upstairs, three additional en-suite bedrooms include a luxurious primary retreat with fireplace, spa-inspired bath with soaking tub and rain shower, walk-in closet, and private balcony. Two secondary suites open to a covered veranda, while the expansive rooftop deck—accessible from both levels—serves as a true highlight of the home, capturing sweeping views of the bay, Coronado Bridge, and downtown San Diego skyline. Additional highlights include surround sound, custom millwork, plantation shutters, security system, and alley access. Located moments from the ferry landing, shops, and dining, this residence delivers privacy, scale, and the best of Coronado living.
Mortgage Calculator
Est. Monthly Payment
$46,526
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.
Comparable Properties
5 comps foundThis Property
$10,580
Comp Average
$13,608
25 The Point
4bd / 4.5ba · 3,316 sqft · Single Family
$5.00M
Est. $18,585/mo
7 Green Turtle Road
4bd / 5.5ba · 4,207 sqft · Single Family
$7.25M
Est. $20,934/mo
711 H Ave
5bd / 6ba · 3,507 sqft · Single Family
$8.75M
Est. $10,707/mo
635 Margarita Avenue
4bd / 3.5ba · 3,000 sqft · Single Family
$7.78M
Est. $9,075/mo
531 J Avenue
5bd / 3.5ba · 3,199 sqft · Single Family
$4.79M
Est. $8,740/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules
Investment Score
14 leases of 3–5 bed houses within 1 mi, same school area · $9,124–$11,667
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$44,042/mo short at 20% down; +$57,197/mo rent closes it.
- Break-even price
- $1,060,747
- Break-even rent
- $67,777/mo
- Cashflow at 35% down
- −$36,964/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
84% under asking
$57,197/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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