1810 Avenida Del Mundo #1106
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1810 Avenida Del Mundo #1106

Dbottom 20%

Coronado, CA 92118

$3,250,000

Pass at asking: -$20,767/mo full cashflow at 20% down, 7.43% rate.

Works at $546,218 (83% under asking); even all cash loses money at asking.

Rent $7,731/mo from 1 lease in this building (±1 bed).

Beds

2

Baths

2

Sqft

1,575

Year Built

1977

Days on Market

72

Property Type

Condo

HOA/mo

$1,758

MLS ID

260021253SD

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

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About This Property

BEST of both OCEAN and BAY views from this TURNKEY, Stunning and impeccable Coronado Shores unit with breathtaking views from every room. This large 2 BRM, 2 BATH residence is appx 1575 SQ FT with pushed out balcony. Possibility to configure a third bedroom if desired. It is highly upgraded, remodeled with exquisite designer details and finishes throughout. Ample and functional built-ins, closet space and custom cabinetry. Beautifully maintained with a spacious layout, refined aesthetics and timeless elegance. Capture ocean, sunsets, bay, downtown skyline, marina views + more. Fireworks over the bay, city lights at night and ocean waves for one's pleasure. In-unit washer/dryer, fully retractable sliding glass doors, raised ceilings, high end appliances, a murphy bed in Bdr.2-office + more. Travertine floors, granite countertops and luxe finishes adorn this beauty. This is a desirable stack in the building and first time on market since 2009. Resort lifestyle and amenities include private beach club, oceanfront pools, tennis-pickleball courts, fully equipped gym facilities, landscaped gardens, gated and door-person-security. Close to the iconic Hotel Del, shops, restaurants , beach and bayside , golf course. marina and all that Coronado has to offer. Community events and concerts for your enjoyment. Be it your future primary or second home retreat, a rare gem for the discerning buyer. Coastal living at its best.

Mortgage Calculator

Est. Monthly Payment

$24,011

Principal & Interest$18,055
Property Tax$3,250
Insurance$948
HOA$1,758
%($650,000)
%
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
$7,731

1 lease in this building (±1 bed)

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$16,280
Full Cashflow

Incl. vacancy, PM, maint, capex

-$20,767

What would make this work?

$20,767/mo short at 20% down; +$26,970/mo rent closes it.

Break-even price

83% under asking

$546,218
Break-even rent

$26,970/mo above the estimate

$34,701/mo
Cashflow at 35% down
−$17,381/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)
$18,055
Cap Rate
-0.86%
Cash-on-Cash
-38.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.32

NOI (Annual)
-$27,899
Price-to-Rent

Lower = better for investors

35.0

* 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−$20,767/mo