
1830 Avenida Del Mundo #605
Dbottom 20%Coronado, CA 92118
Pass at asking: -$27,114/mo full cashflow at 20% down, 7.43% rate.
Works at $319,721 (92% under asking); even all cash loses money at asking.
Rent $4,742/mo from 12 leases of 1–3 bed condos & townhomes within 2 mi, same school area ($4,386–$5,990).
Beds
2
Baths
2
Sqft
1,213
Year Built
1974
Days on Market
99
Property Type
Condo
HOA/mo
$1,196
MLS ID
260018458SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Oceanfront living, fully reimagined. This corner unit at the Coronado Shores was rebuilt from the studs to maximize its views of the Pacific, the Coronado Islands, the iconic Hotel del Coronado, and the sand just below. The corner position opens sightlines in multiple directions and fills the interior with light. The renovation went beyond finishes to the floor plan itself, widening hallways and reconfiguring both bedrooms for better flow. Wide-plank wood flooring, updated windows and doors, and sleek custom cabinetry run throughout. The kitchen centers on stone countertops and a large island with seating, with an ice maker, wine cooler, and microwave concealed behind appliance bay doors. The primary suite was opened up to merge the bath and closet into one spa-like retreat with a dual vanity and glass-enclosed marble shower, while the ocean-facing second bedroom offers built-ins and a Murphy bed for flexible use. A laundry closet with stacked Miele units adds convenience, and sliding glass walls open the living room onto a covered patio made for sunset watching. Ownership includes two parking spaces and the full Coronado Shores lifestyle: 24-hour concierge and security, four beachfront pools, tennis and pickleball courts, a health club with spa and sauna, the Beach Club, and direct access to 1,800 feet of sand. Across Orange Avenue, Glorietta Bay puts public and private marinas within reach, including the Coronado Yacht Club, and the 27-mile Bayshore Bikeway runs nearby. Lock-and-leave living at the water's edge, moments from the shops and restaurants of Coronado Village.
Mortgage Calculator
Est. Monthly Payment
$27,557
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
$4,742
Comp Average
$5,424
1830 Avenida Del Mundo
2bd / 2ba · 1,213 sqft · Condo
$2.85M
Est. $5,027/mo
1830 Avenida Del Mundo
2bd / 2ba · 1,148 sqft · Condo
$3.47M
Est. $4,613/mo
1810 Avenida Del Mundo
2bd / 2ba · 1,250 sqft · Condo
$2.55M
Est. $6,887/mo
1730 Avenida Del Mundo
2bd / 2ba · 1,319 sqft · Condo
$3.90M
Est. $5,920/mo
1750 Avenida Del Mundo
2bd / 2ba · 1,158 sqft · Condo
$2.48M
Est. $4,672/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
12 leases of 1–3 bed condos & townhomes within 2 mi, same school area · $4,386–$5,990
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$27,114/mo short at 20% down; +$35,213/mo rent closes it.
- Break-even price
- $319,721
- Break-even rent
- $39,955/mo
- Cashflow at 35% down
- −$23,104/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
92% under asking
$35,213/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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