531 J Avenue
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531 J Avenue

Dbottom 20%

Coronado, CA 92118

$4,795,000

Pass at asking: -$30,098/mo full cashflow at 20% down, 7.43% rate.

Works at $876,169 (82% under asking); even all cash loses money at asking.

Rent $8,740/mo from 13 leases of houses within 0.5 mi, same school area, size-adjusted ($8,164–$10,226).

Beds

5

Baths

3.5

Sqft

3,199

Year Built

1996

Days on Market

86

Property Type

Single Family

HOA/mo

N/A

MLS ID

260020106SD

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

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About This Property

Situated on one of Coronado’s most coveted streets, this exceptional 5-bedroom, 3.5-bath residence showcases pride of ownership and meticulous attention to detail throughout. Thoughtfully maintained and beautifully appointed, the home offers a seamless blend of timeless design and modern convenience. This property has been extensively upgraded to include a state-of-the-art smart home system, whole-house water filtration with softener, and a metal roof, just to name a few. The gourmet kitchen is a true centerpiece, featuring high-end appliances, generous prep space, and an expansive walk-in pantry. Indoor-outdoor living is elevated with La Cantina doors that open to a stunning private backyard retreat. Soak in the hot tub, or relax with your favorite beverage at the custom bar with beautiful cabinetry, accent lighting, and integrated heaters. Other outdoor options, include unwinding around a fire pit on the front patio, or enjoying breathtaking skyline views from the rooftop terrace. Additional highlights include, main floor bedroom, handmade tiles in the bathrooms, upstairs laundry, street-to-alley access and a three-car garage, providing both convenience and ample storage. This is a rare opportunity to own a turnkey home in one of Coronado’s most desirable locations, where quality, comfort, and lifestyle come together effortlessly.

Mortgage Calculator

Est. Monthly Payment

$32,832

Principal & Interest$26,638
Property Tax$4,795
Insurance$1,399
%($959,000)
%
Loan Term

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.

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
$8,740

13 leases of houses within 0.5 mi, same school area, size-adjusted · $8,164–$10,226

Monthly Cashflow

Rent − PITIA

-$24,092
Full Cashflow

Incl. vacancy, PM, maint, capex

-$30,098

What would make this work?

$30,098/mo short at 20% down; +$39,089/mo rent closes it.

Break-even price

82% under asking

$876,169
Break-even rent

$39,089/mo above the estimate

$47,829/mo
Cashflow at 35% down
−$25,104/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)
$26,638
Cap Rate
-0.76%
Cash-on-Cash
-37.66%
DSCR

Need ≥ 1.25 for DSCR loan

0.27

NOI (Annual)
-$36,276
Price-to-Rent

Lower = better for investors

45.7

* 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−$30,098/mo