1720 Avenida Del Mundo #209
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1720 Avenida Del Mundo #209

Dbottom 20%

Coronado, CA 92118

$1,249,000

Pass at asking: -$8,239/mo full cashflow at 20% down, 7.43% rate.

Works at $176,336 (86% under asking); even all cash loses money at asking.

Rent $3,470/mo from 11 leases of condos & townhomes within 1 mi, same school area, size-adjusted ($3,266–$4,499).

Beds

Studio

Baths

1

Sqft

639

Year Built

1973

Days on Market

144

Property Type

Condo

HOA/mo

$1,318

MLS ID

260014987SD

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

Virtual Tour

About This Property

High-end design by Clarke Construction! Experience effortless beachfront living in this turnkey, fully furnished studio in the coveted La Sierra Tower. Renovated with a convenient design, this unit has a light, coastal inspired aesthetic and offers beautiful views of the Hotel del Coronado and exceptional attention to detail throughout. Thoughtful upgrades include new windows, rich wood flooring, crown molding, and custom built-ins designed for both elegance and everyday living. The gourmet kitchen features premium Bosch and Viking appliances, custom cabinetry, and a breakfast bar, while the spacious walk-in closet, charming dining nook, and spa-like bath with a walk-in shower complete the home. This home has never been rented and has been carefuly maintained! Simply unpack and enjoy all that The Shores has to offer.

Mortgage Calculator

Est. Monthly Payment

$9,870

Principal & Interest$6,939
Property Tax$1,249
Insurance$364
HOA$1,318
%($249,800)
%
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
$3,470

11 leases of condos & townhomes within 1 mi, same school area, size-adjusted · $3,266–$4,499

Monthly Cashflow

Rent − PITIA

-$6,400
Full Cashflow

Incl. vacancy, PM, maint, capex

-$8,239

What would make this work?

$8,239/mo short at 20% down; +$10,700/mo rent closes it.

Break-even price

86% under asking

$176,336
Break-even rent

$10,700/mo above the estimate

$14,170/mo
Cashflow at 35% down
−$6,938/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)
$6,939
Cap Rate
-1.08%
Cash-on-Cash
-39.58%
DSCR

Need ≥ 1.25 for DSCR loan

0.35

NOI (Annual)
-$13,517
Price-to-Rent

Lower = better for investors

30.0

* 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−$8,239/mo