1810 Avenida Del Mundo #106
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1810 Avenida Del Mundo #106

Dbottom 20%

Coronado, CA 92118

$2,275,000

Pass at asking: -$13,533/mo full cashflow at 20% down, 7.43% rate.

Works at $512,942 (77% under asking); even all cash loses money at asking.

Rent $7,400/mo from 1 lease in this building (±1 bed).

Beds

2

Baths

2

Sqft

1,443

Year Built

1977

Days on Market

49

Property Type

Condo

HOA/mo

$1,758

MLS ID

260023180SD

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

About This Property

Can you envision spending summers at the beach in Coronado? This two-bedroom, two-bath residence at the Coronado Shores presents a rare opportunity to create a coastal retreat designed entirely to your taste! Located on the first floor, the residence features one of the largest private terraces at the Shores—appx. 550 sq. ft of additional outdoor living space and perfect for enjoying Coronado’s year-round coastal lifestyle. Open your private gate and you’re just steps from the beach! Can you envision spending summers at the beach in Coronado? This two-bedroom, two-bath residence at the Coronado Shores presents a rare opportunity to create a coastal retreat designed entirely to your taste. Open your private gate and you’re just steps from the beach! Ready for a complete renovation, this property is a true blank canvas for a buyer with vision. Bring your fresh ideas, reimagine the interiors, and transform this ideally located residence into the sophisticated beach home you’ve always dreamed. An incredible opportunity to create something truly special at the Coronado Shores.

Mortgage Calculator

Est. Monthly Payment

$17,335

Principal & Interest$12,639
Property Tax$2,275
Insurance$664
HOA$1,758
%($455,000)
%
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
$7,400

1 lease in this building (±1 bed)

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$9,936
Full Cashflow

Incl. vacancy, PM, maint, capex

-$13,533

What would make this work?

$13,533/mo short at 20% down; +$17,576/mo rent closes it.

Break-even price

77% under asking

$512,942
Break-even rent

$17,576/mo above the estimate

$24,976/mo
Cashflow at 35% down
−$11,164/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)
$12,639
Cap Rate
-0.28%
Cash-on-Cash
-35.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.43

NOI (Annual)
-$6,298
Price-to-Rent

Lower = better for investors

25.6

* 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−$13,533/mo