305 J Avenue
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305 J Avenue

Dbottom 20%

Coronado, CA 92118

$3,699,260

Pass at asking: -$22,555/mo full cashflow at 20% down, 7.43% rate.

Works at $762,594 (79% under asking); even all cash loses money at asking.

Rent $7,606/mo from 9 leases of 2–4 bed houses within 0.5 mi ($7,280–$8,597).

Beds

3

Baths

3.5

Sqft

2,249

Year Built

2026

Days on Market

154

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2603762

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

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About This Property

Experience elevated coastal living in this beautifully crafted Traditional Modern-style new construction home on desirable Coronado Island. Perfectly positioned for ultimate convenience with easy on-and-off island access, this thoughtfully designed residence offers an inviting front patio framed by beautiful professional landscaping, creating exceptional curb appeal and the perfect outdoor space to relax and enjoy the island atmosphere. Inside, the open-concept floorplan features soaring 10-foot ceilings and a spacious living room centered around a sleek electric fireplace. The stunning chef’s kitchen showcases an oversized island, luxurious Taj Mahal countertops, premium GE Monogram appliances, and custom Diamond cabinetry with soft-close drawers. White oak hardwood flooring, recessed lighting, crown molding, and high-end Marvin windows enhance the home’s sophisticated design throughout, while a dedicated laundry room adds everyday convenience. Spacious bedrooms boast dramatic 12.5-foot vaulted ceilings, each with its own private ensuite bath. The luxurious primary suite offers a walk-in closet and private patio retreat. Expansive 15-foot multi-slide patio doors open seamlessly to the beautifully landscaped backyard complete with shaded seating, built-in BBQ, outdoor fireplace, and outdoor heaters—perfect for effortless year-round indoor-outdoor entertaining. Take in breathtaking downtown skyline views from the incredible rooftop deck. Additional highlights include paid solar, a wide paved driveway, 1-car garage, and an unbeatable location just moments from shopping, dining, beaches, and Naval Base Coronado. Don’t miss this rare opportunity to own a stunning new build in one of Coronado’s most sought-after locations!

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Est. Monthly Payment

$25,329

Principal & Interest$20,551
Property Tax$3,699
Insurance$1,079
%($739,852)
%
Loan Term

Location

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Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules

Investment Score

0D
Est. Monthly Rent
$7,606

9 leases of 2–4 bed houses within 0.5 mi · $7,280–$8,597

Blended 50/50 with the zip's market median ($6,874)

Monthly Cashflow

Rent − PITIA

-$17,723
Full Cashflow

Incl. vacancy, PM, maint, capex

-$22,555

What would make this work?

$22,555/mo short at 20% down; +$29,293/mo rent closes it.

Break-even price

79% under asking

$762,594
Break-even rent

$29,293/mo above the estimate

$36,899/mo
Cashflow at 35% down
−$18,702/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)
$20,551
Cap Rate
-0.53%
Cash-on-Cash
-36.58%
DSCR

Need ≥ 1.25 for DSCR loan

0.30

NOI (Annual)
-$19,489
Price-to-Rent

Lower = better for investors

40.5

* 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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DCashflow−$22,555/mo