635 Margarita Avenue
1 / 19

635 Margarita Avenue

Dbottom 20%

Coronado, CA 92118

$7,775,000

Pass at asking: -$52,728/mo full cashflow at 20% down, 7.43% rate.

Works at $909,863 (88% under asking); even all cash loses money at asking.

Rent $9,075/mo from 9 leases of 3–5 bed houses within 0.5 mi, same school area ($8,443–$11,477).

Beds

4

Baths

3.5

Sqft

3,000

Year Built

2027

Days on Market

80

Property Type

Single Family

HOA/mo

N/A

MLS ID

260020665SD

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

About This Property

Offered from $6,750,000 to $7,775,000. Welcome to 635 Margarita Avenue, a custom new-construction residence set along one of Coronado’s most coveted tree-lined streets. Designed and developed by Archbel Homes, this 4-bedroom, 3.5-bath home presents an opportunity for an early buyer to personalize select finishes and design details. Timeless architecture and thoughtful design come together in a refined approach to modern coastal living. Approximately 3,000 square feet of light-filled living space offers an effortless flow from indoors to out. The 5,800-square-foot lot allows for a spacious covered patio and grassy backyard, with the option to incorporate a pool. Thoughtfully arranged across two levels, the residence offers four bedrooms, including a well-appointed primary suite, along with a two-car garage and carefully considered spaces throughout. From the second story, enjoy views of San Diego Bay and the iconic Coronado Bridge. With construction yet to begin, this is an early opportunity to secure 635 Margarita Avenue and participate in select elements of the design process as Archbel Homes brings this custom residence to life. A distinctive offering combining the ease of new construction, the individuality of a custom home, and an exceptional setting in the heart of Coronado.

Mortgage Calculator

Est. Monthly Payment

$53,236

Principal & Interest$43,193
Property Tax$7,775
Insurance$2,268
%($1,555,000)
%
Loan Term

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.

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
$9,075

9 leases of 3–5 bed houses within 0.5 mi, same school area · $8,443–$11,477

Monthly Cashflow

Rent − PITIA

-$44,161
Full Cashflow

Incl. vacancy, PM, maint, capex

-$52,728

What would make this work?

$52,728/mo short at 20% down; +$68,478/mo rent closes it.

Break-even price

88% under asking

$909,863
Break-even rent

$68,478/mo above the estimate

$77,553/mo
Cashflow at 35% down
−$44,629/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)
$43,193
Cap Rate
-1.40%
Cash-on-Cash
-40.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.17

NOI (Annual)
-$108,968
Price-to-Rent

Lower = better for investors

71.4

* 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
DCashflow−$52,728/mo