1414 4th St
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1414 4th St

Ctop 80%

Coronado, CA 92118

$2,095,000

Pass at asking: -$11,312/mo full cashflow at 20% down, 7.43% rate.

Works at $622,246 (70% under asking), or at 98% down.

Rent $6,206/mo from 16 leases of 3-bed houses within 1 mi, same school area ($6,175–$7,299). Previously leased for $3,995.

Beds

3

Baths

2

Sqft

1,608

Year Built

1953

Days on Market

70

Property Type

Single Family

HOA/mo

N/A

MLS ID

260021347SD

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

Virtual Tour

About This Property

Welcome to this beautifully remodeled Coronado home where thoughtful design meets an exceptional rooftop lifestyle. This turnkey home offers 1608 square ft. of inviting living space with optional 4th bedroom with convenience of being close to Village, restaurants, shops, beaches, and Spreckles park. A private rooftop terrace with panoramic views of Coronado skyline and iconic Coronado Bridge offers ideal setting for coffee, and dining under the stars.

Mortgage Calculator

Est. Monthly Payment

$14,345

Principal & Interest$11,639
Property Tax$2,095
Insurance$611
%($419,000)
%
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

4C
Est. Monthly Rent
$6,206

Previously leased for $3,995

16 leases of 3-bed houses within 1 mi, same school area · $6,175–$7,299

Monthly Cashflow

Rent − PITIA

-$8,139
Full Cashflow

Incl. vacancy, PM, maint, capex

-$11,312

What would make this work?

$11,312/mo short at 20% down; 98% down or +$14,691/mo rent closes it.

Break-even price

70% under asking

$622,246
Break-even rent

$14,691/mo above the estimate

$20,897/mo
Cashflow at 35% down
−$9,130/mo
Down payment to break even

$2,053,100 cash

98%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$11,639
Cap Rate
0.36%
Cash-on-Cash
-32.40%
DSCR

Need ≥ 1.25 for DSCR loan

0.43

NOI (Annual)
$7,645
Price-to-Rent

Lower = better for investors

28.1

* 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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CCashflow−$11,312/mo