1830 Avenida Del Mundo

1830 Avenida Del Mundo

Dbottom 20%

Coronado, CA 92118

$2,850,000
NEW — 0d

Pass at asking: -$19,288/mo full cashflow at 20% down, 7.43% rate.

Works at $338,658 (88% under asking); even all cash loses money at asking.

Rent $5,038/mo from 12 leases of 1–3 bed condos & townhomes within 2 mi ($4,310–$5,990).

Beds

2

Baths

2

Sqft

1,213

Year Built

1974

Days on Market

0

Property Type

Condo

HOA/mo

$1,278

MLS ID

260026504SD

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

About This Property

Turnkey coastal luxury at Coronado Shores. Positioned on the desirable southeast corner of El Camino Tower, this beautifully updated 2BR/2BA residence captures panoramic ocean, bay, city lights, and coastline views stretching from Glorietta Bay and the Coronado skyline south along the Silver Strand, Imperial Beach, and Mexico. Floor-to-ceiling walls of glass frame the ever-changing scenery and fill the home with natural light. The beautifully appointed open-concept kitchen features stainless steel appliances, French-door refrigerator, wine cooler, and seamless flow into the living and dining areas. Expansive sliding glass doors open to a generous terrace, creating an exceptional indoor-outdoor living experience with breathtaking sunrises, vibrant coastal sunset skies, and refreshing sea breezes. Offered turnkey and fully furnished, the residence includes automated window treatments, blackout shades, updated baths, and an oversized secured parking space. Enjoy direct beach access and the resort-style amenities of Coronado Shores, including multiple pools, tennis and pickleball courts, fitness center, clubhouse, koi ponds, and 24-hour attended security, all moments from the Hotel del Coronado and the charm of Coronado Village.

Mortgage Calculator

Est. Monthly Payment

$20,792

Principal & Interest$15,833
Property Tax$2,850
Insurance$831
HOA$1,278
%($570,000)
%
Loan Term

Location

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Investment Score

0D
Est. Monthly Rent
$5,038

12 leases of 1–3 bed condos & townhomes within 2 mi · $4,310–$5,990

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

Monthly Cashflow

Rent − PITIA

-$15,754
Full Cashflow

Incl. vacancy, PM, maint, capex

-$19,288

What would make this work?

$19,288/mo short at 20% down; +$25,049/mo rent closes it.

Break-even price

88% under asking

$338,658
Break-even rent

$25,049/mo above the estimate

$30,087/mo
Cashflow at 35% down
−$16,319/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)
$15,833
Cap Rate
-1.35%
Cash-on-Cash
-40.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.24

NOI (Annual)
-$38,434
Price-to-Rent

Lower = better for investors

47.1

* 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.

Open Full Calculator
DCashflow−$19,288/mo