1710 Avenida Del Mundo #PH02
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1710 Avenida Del Mundo #PH02

Dbottom 20%

Coronado, CA 92118

$4,600,000

Pass at asking: -$32,863/mo full cashflow at 20% down, 7.43% rate.

Works at $321,145 (93% under asking); even all cash loses money at asking.

Rent $5,818/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($5,476–$7,542).

Beds

2

Baths

3

Sqft

1,796

Year Built

1976

Days on Market

107

Property Type

Condo

HOA/mo

$2,013

MLS ID

260018289SD

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

Virtual Tour

About This Property

Perched on the penthouse level of prestigious La Playa, this beautifully updated oceanfront Coronado Shores residence captures the essence of luxury coastal living. Thoughtfully designed for those seeking an exceptional second home or year-round retreat, the expansive floor plan offers two spacious bedrooms, three full bathrooms, and a versatile optional bedroom or office, providing the flexibility to accommodate family, guests, or a private workspace. Every detail has been carefully curated to create a home that is both elegant and inviting. Beautiful limestone flooring, custom cabinetry, designer lighting, top-of-the-line appliances, and power shades blend timeless craftsmanship with modern convenience. A custom Shoji screen sliding wall enhances the open living spaces, allowing you to effortlessly transition from intimate evenings to gracious entertaining. Floor-to-ceiling windows showcase breathtaking panoramic views of the Pacific Ocean, filling the home with natural light and creating a spectacular backdrop from sunrise to sunset. Whether you're looking for a sophisticated beachfront escape, a place to gather with family and friends, or a luxurious home base for enjoying the best of Coronado, this exceptional penthouse residence offers an unmatched combination of comfort, elegance, and location. Come experience the views, the lifestyle, and the warmth of this remarkable home for yourself. Schedule your private tour today and discover why the Coronado Shores remains one of Southern California's most coveted coastal addresses.

Mortgage Calculator

Est. Monthly Payment

$33,510

Principal & Interest$25,555
Property Tax$4,600
Insurance$1,342
HOA$2,013
%($920,000)
%
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
$5,818

11 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $5,476–$7,542

Monthly Cashflow

Rent − PITIA

-$27,692
Full Cashflow

Incl. vacancy, PM, maint, capex

-$32,863

What would make this work?

$32,863/mo short at 20% down; +$42,680/mo rent closes it.

Break-even price

93% under asking

$321,145
Break-even rent

$42,680/mo above the estimate

$48,498/mo
Cashflow at 35% down
−$28,072/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)
$25,555
Cap Rate
-1.83%
Cash-on-Cash
-42.87%
DSCR

Need ≥ 1.25 for DSCR loan

0.17

NOI (Annual)
-$84,211
Price-to-Rent

Lower = better for investors

65.9

* 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−$32,863/mo