1830 Avenida Del Mundo
Dbottom 20%Coronado, CA 92118
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.
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Est. Monthly Payment
$20,792
Location
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Comparable Properties
5 comps foundThis Property
$5,038
Comp Average
$5,641
1810 Avenida Del Mundo
2bd / 2ba · 1,250 sqft · Condo
$2.55M
Est. $6,887/mo
1830 Avenida Del Mundo
2bd / 2ba · 1,213 sqft · Condo
$3.85M
Est. $4,763/mo
1750 Avenida Del Mundo
2bd / 2ba · 1,158 sqft · Condo
$2.48M
Est. $5,547/mo
1830 Avenida Del Mundo
2bd / 2ba · 1,148 sqft · Condo
$3.47M
Est. $5,087/mo
1730 Avenida Del Mundo
2bd / 2ba · 1,319 sqft · Condo
$3.90M
Est. $5,920/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
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)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$19,288/mo short at 20% down; +$25,049/mo rent closes it.
- Break-even price
- $338,658
- Break-even rent
- $30,087/mo
- Cashflow at 35% down
- −$16,319/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
88% under asking
$25,049/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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