221 B Ave
Ctop 80%Coronado, CA 92118
Pass at asking: -$12,883/mo full cashflow at 20% down, 7.43% rate.
Works at $821,539 (67% under asking), or at 95% down.
Rent $8,195/mo from 16 leases of 3-bed houses within 1 mi, same school area ($7,364–$8,705).
Beds
3
Baths
3.5
Sqft
2,287
Year Built
1983
Days on Market
71
Property Type
Single Family
HOA/mo
N/A
MLS ID
260021300SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Welcome to this beautifully updated 3-bedroom, 3.5-bath single-family home in the heart of Coronado Village, just one block from the Bay. Perfect for families or full-time coastal living, this home offers an open floor plan featuring both a living area and a family room with a cozy fireplace. Warm hardwood floors run throughout, complementing a brand new gourmet kitchen equipped with stainless steel appliances—ideal for both everyday living and entertaining. The spacious bedrooms are filled with abundant natural light, creating a bright and inviting atmosphere. All bathrooms have been newly renovated, offering modern finishes and designer appeal. This home also features a newer roof, updated solar panels, and energy-efficient mini-split AC units in each bedroom. Enjoy the convenience of a spacious two-car garage with additional off-street parking. One of the home’s highlights is the two rooftop decks, offering spectacular views of the City skyline and the iconic Coronado Bridge—perfect for sunset gatherings or quiet mornings. All of this is within walking distance to shops, restaurants, and the Ferry Landing, delivering the best of Coronado’s coastal lifestyle.
Mortgage Calculator
Est. Monthly Payment
$17,111
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
$8,195
Comp Average
$8,304
52 Port Of Spain
4bd / 2.5ba · 2,293 sqft · Single Family
$2.40M
Est. $11,183/mo
22 Catspaw Cape
3bd / 2.5ba · 2,242 sqft · Single Family
$2.30M
Est. $7,564/mo
1630 Miguel Avenue
3bd / 3ba · 2,116 sqft · Single Family
$3.12M
Est. $7,907/mo
200 E Ave
3bd / 3ba · 2,080 sqft · Single Family
$2.75M
Est. $7,261/mo
305 J Avenue
3bd / 3.5ba · 2,249 sqft · Single Family
$3.70M
Est. $7,606/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
16 leases of 3-bed houses within 1 mi, same school area · $7,364–$8,705
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$12,883/mo short at 20% down; 95% down or +$16,732/mo rent closes it.
- Break-even price
- $821,539
- Break-even rent
- $24,927/mo
- Cashflow at 35% down
- −$10,280/mo
- Down payment to break even
- 95%
- Rate to break even
- Not reachable
67% under asking
$16,732/mo above the estimate
$2,374,050 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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