
501 1st St
Dbottom 20%Coronado, CA 92118
Pass at asking: -$212,039/mo full cashflow at 20% down, 7.43% rate.
Works at $1,292,171 (96% under asking); even all cash loses money at asking.
Rent $12,889/mo from 16 leases of houses within 1 mi, same school area, size-adjusted ($11,974–$14,978).
Beds
5
Baths
5.5
Sqft
6,798
Year Built
2009
Days on Market
63
Property Type
Single Family
HOA/mo
N/A
MLS ID
260022064SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Step through the custom glass front door, etched with the San Diego skyline, and immediately take in breathtaking views of the skyline and beautiful blue waters of San Diego Bay. This sweeping panorama is enjoyed from nearly every room of this extraordinary luxury residence. The main level offers sophisticated open living with 22-foot ceilings, a dramatic dual-sided fireplace and gourmet kitchen with a 14-person dining table positioned to capture the spectacular views. A 21-foot glass folding door opens to the expansive bayside patio, creating seamless indoor-outdoor living. The patio features a large fire pit, built-in barbecue and generous seating. A view sitting room, library and guest bedroom complete this level. The gourmet kitchen features double Viking refrigerators, Viking oven, ice maker and a Viking freezer in the serving pantry. Toe-kicks connected to central vacuum system provide effortless cleanup of slate floor. The second floor features a luxurious primary suite with fireplace, private bayside balcony and fire pit, plus an elevated bath showcasing spectacular bay views. The suite includes a large walk-in closet with washer/dryer. Two additional guest suites include one with a private bayside patio. All five bedrooms have their own full bathrooms. The lower level includes a large laundry room with one washer and two dryers, family living area, bedroom, huge-screen media room with built-in refrigerator, wet bar, wine cellar and sitting area. The five-car garage includes a boat and jet ski lift, to launch into the Bay, workshop and storage. See Supplement. The rooftop deck is an exceptional private retreat with a 180 degree view of the San Diego skyline and bay, perfect for viewing fireworks, bay activities, etc. Access is easy with the elevator that goes from basement to rooftop. Relax in the bay view hot tub or by the large seating area with another fire pit. This rare, once in a lifetime property is certainly one of the premier and unparalleled waterfront residences in Coronado.
Mortgage Calculator
Est. Monthly Payment
$197,881
Location
Loading map...
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
3 comps foundThis Property
$12,889
Comp Average
$15,972
527 Ocean Blvd
6bd / 7.5ba · 7,237 sqft · Single Family
$33.00M
Est. $18,738/mo
519 1st Street
5bd / 5.5ba · 5,415 sqft · Single Family
$26.00M
Est. $11,334/mo
1160 Pine St
7bd / 8.5ba · 6,562 sqft · Single Family
$18.00M
Est. $17,843/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 houses within 1 mi, same school area, size-adjusted · $11,974–$14,978
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$212,039/mo short at 20% down; +$275,376/mo rent closes it.
- Break-even price
- $1,292,171
- Break-even rent
- $288,265/mo
- Cashflow at 35% down
- −$181,936/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
96% under asking
$275,376/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.
Open Full Calculator