1710 Avenida Del Mundo #1501
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1710 Avenida Del Mundo #1501

Dbottom 20%

Coronado, CA 92118

$5,200,000

Pass at asking: -$37,195/mo full cashflow at 20% down, 7.36% rate.

Works at $332,986 (94% under asking); even all cash loses money at asking.

Rent $5,919/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($5,571–$7,673).

Beds

2

Baths

2

Sqft

1,859

Year Built

1976

Days on Market

45

Property Type

Condo

HOA/mo

$2,013

MLS ID

260023608SD

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

Virtual Tour

About This Property

Perched high above the Pacific on the 15th floor of La Playa Tower at Coronado Shores, this exceptional two-bedroom, two-bathroom residence offers a rare combination of breathtaking ocean views, sophisticated design, and effortless coastal elegance. From the moment you enter, the home reveals a level of craftsmanship created for the most discerning buyer, with exquisite European oak hardwood floors, luminous Quartzite countertops, elegant Murano glass fixtures, custom tile work, refined mouldings, and beautifully appointed cabinetry. Every detail has been thoughtfully considered, creating an atmosphere that is polished yet inviting and luxurious yet distinctly at home by the sea. Beyond its beautifully appointed interiors, the residence places you within one of Coronado's most coveted coastal communities. Enjoy direct access to the beach, lushly landscaped grounds, resort-style swimming pools, tennis and pickleball facilities, fitness and wellness amenities, and the relaxed sophistication of Coronado Village just moments away. Schedule a private viewing and discover the remarkable beauty, craftsmanship, and coastal lifestyle that await at La Playa Tower.

Mortgage Calculator

Est. Monthly Payment

$37,419

Principal & Interest$28,690
Property Tax$5,200
Insurance$1,517
HOA$2,013
%($1,040,000)
%
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
$5,919

11 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $5,571–$7,673

Monthly Cashflow

Rent − PITIA

-$31,501
Full Cashflow

Incl. vacancy, PM, maint, capex

-$37,195

What would make this work?

$37,195/mo short at 20% down; +$48,306/mo rent closes it.

Break-even price

94% under asking

$332,986
Break-even rent

$48,306/mo above the estimate

$54,225/mo
Cashflow at 35% down
−$31,816/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)
$28,690
Cap Rate
-1.89%
Cash-on-Cash
-42.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.16

NOI (Annual)
-$98,517
Price-to-Rent

Lower = better for investors

73.2

* Modelled at 20% down, 7.36% 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.

Open Full Calculator
DCashflow−$37,195/mo