
635 Margarita Avenue
Dbottom 20%Coronado, CA 92118
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
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
$9,075
Comp Average
$11,717
25 The Point
4bd / 4.5ba · 3,316 sqft · Single Family
$5.00M
Est. $18,585/mo
120 I Ave
4bd / 4.5ba · 3,521 sqft · Single Family
$6.79M
Est. $10,580/mo
728 I
5bd / 4ba · 3,026 sqft · Single Family
$4.89M
Est. $9,972/mo
711 H Ave
5bd / 6ba · 3,507 sqft · Single Family
$8.75M
Est. $10,707/mo
531 J Avenue
5bd / 3.5ba · 3,199 sqft · Single Family
$4.79M
Est. $8,740/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
9 leases of 3–5 bed houses within 0.5 mi, same school area · $8,443–$11,477
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$52,728/mo short at 20% down; +$68,478/mo rent closes it.
- Break-even price
- $909,863
- Break-even rent
- $77,553/mo
- Cashflow at 35% down
- −$44,629/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
88% under asking
$68,478/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.
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