1750 Avenida Del Mundo #1008
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1750 Avenida Del Mundo #1008

Dbottom 20%

Coronado, CA 92118

$2,995,000

Pass at asking: -$20,593/mo full cashflow at 20% down, 7.43% rate.

Works at $313,714 (90% under asking); even all cash loses money at asking.

Rent $5,270/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($4,920–$6,777).

Beds

2

Baths

2

Sqft

1,450

Year Built

1979

Days on Market

95

Property Type

Condo

HOA/mo

$1,648

MLS ID

260019352SD

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

Virtual Tour

About This Property

Welcome to 1750 Avenida Del Mundo #1008 — a stunningly remodeled two-bedroom, two-bath residence in La Princesa Tower. Reimagined for modern coastal living, this turnkey home features an open-concept layout, split-bedroom floor plan, and a versatile office space woven seamlessly into the design. Wall-to-wall glass doors frame panoramic ocean views from the living room, setting a spectacular stage for everyday living and entertaining. The reconfigured kitchen impresses with custom cabinetry, sleek acrylic countertops, KitchenAid appliances, and a built-in Sub-Zero beverage cooler. The primary suite has been beautifully reimagined as well, with a spa-like bathroom featuring an oversized shower, while wood-look ceramic tile flows throughout the home for a warm, coastal feel. Elegant, move-in ready, and unmistakably sophisticated, this exceptional beach residence delivers the rare combination of refined design, effortless comfort, and truly breathtaking coastal views.

Mortgage Calculator

Est. Monthly Payment

$22,155

Principal & Interest$16,638
Property Tax$2,995
Insurance$874
HOA$1,648
%($599,000)
%
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
$5,270

11 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $4,920–$6,777

Blended 50/50 with the zip's market median ($5,312)

Monthly Cashflow

Rent − PITIA

-$16,885
Full Cashflow

Incl. vacancy, PM, maint, capex

-$20,593

What would make this work?

$20,593/mo short at 20% down; +$26,745/mo rent closes it.

Break-even price

90% under asking

$313,714
Break-even rent

$26,745/mo above the estimate

$32,015/mo
Cashflow at 35% down
−$17,474/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)
$16,638
Cap Rate
-1.48%
Cash-on-Cash
-41.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.24

NOI (Annual)
-$44,297
Price-to-Rent

Lower = better for investors

47.4

* 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−$20,593/mo