
1820 Avenida Del Mundo #506
Dbottom 20%Coronado, CA 92118
Pass at asking: -$14,857/mo full cashflow at 20% down, 7.43% rate.
Works at $265,675 (88% under asking); even all cash loses money at asking.
Rent $4,413/mo from 10 leases of studio–2 bed condos & townhomes within 2 mi, same school area ($4,119–$5,181).
Beds
1
Baths
1.5
Sqft
1,095
Year Built
1978
Days on Market
104
Property Type
Condo
HOA/mo
$1,358
MLS ID
PTP2605718
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Bay on one side. Ocean on the other. Own the middle. This fully renovated residence at El Mirador Tower sits high above the shore, framing the Coronado Bridge and the bay in sweeping, uninterrupted views. Every material was chosen without compromise. Every detail carries the weight of intention. The open layout stretches every inch of true square footage into sharp, usable space, no wasted corners, no compromise. Pocket doors slide the walls away entirely, dissolving the line between living room and balcony. Indoor outdoor isn't a feature here, it's the default setting. El Mirador Tower puts resort level living within 300 feet of your door: oceanfront pools, tennis courts, and the private Beach Club. Add an oceanfront clubhouse, fitness center, guard gated entry, private storage, and covered garage parking with quiet high speed elevators, and the building matches the unit, effortless in every direction. Steps to the bay. Steps to the beach. Steps to the iconic Hotel del Coronado. Coronado remains one of Southern California's most storied enclaves, a small town island feel with palm lined streets, a walkable downtown of boutique shops and acclaimed restaurants, and a slower pace that still sits minutes from downtown San Diego. Voted among the best beach towns in the country, it's a place people plan their whole lives around visiting, and here, you simply live. Wake up to the bay. Fall asleep to the ocean. Live the Coronado Island dreamlife.
Mortgage Calculator
Est. Monthly Payment
$16,422
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.
Comparable Properties
5 comps foundThis Property
$4,413
Comp Average
$5,124
1820 Avenida Del Mundo
1bd / 1.5ba · 1,100 sqft · Condo
$1.50M
Est. $4,423/mo
1750 Avenida Del Mundo
2bd / 2ba · 1,158 sqft · Condo
$2.48M
Est. $4,672/mo
1830 Avenida Del Mundo
2bd / 2ba · 1,148 sqft · Condo
$3.47M
Est. $4,613/mo
1830 Avenida Del Mundo
2bd / 2ba · 1,213 sqft · Condo
$2.85M
Est. $5,027/mo
1810 Avenida Del Mundo
2bd / 2ba · 1,250 sqft · Condo
$2.55M
Est. $6,887/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules
Investment Score
10 leases of studio–2 bed condos & townhomes within 2 mi, same school area · $4,119–$5,181
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$14,857/mo short at 20% down; +$19,295/mo rent closes it.
- Break-even price
- $265,675
- Break-even rent
- $23,708/mo
- Cashflow at 35% down
- −$12,566/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
88% under asking
$19,295/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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