
700 7th St
Dbottom 20%Coronado, CA 92118
Pass at asking: -$17,124/mo full cashflow at 20% down, 7.43% rate.
Works at $765,527 (74% under asking); even all cash loses money at asking.
Rent $8,077/mo from 8 leases of 2–4 bed condos & townhomes within 2 mi, same school area ($7,502–$9,689).
Beds
3
Baths
3.5
Sqft
2,376
Year Built
2015
Days on Market
51
Property Type
Townhouse
HOA/mo
$340
MLS ID
260023016SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Corner townhome at The Terraces brings indoor and outdoor living together in the heart of Coronado Village. The 3bd+Bonus Room, 3.5ba home opens to a private, lushly landscaped yard with a lawn, outdoor dining and lounging areas, and a built-in BBQ. Upstairs, the rooftop deck offers San Diego skyline views, a spa, fire pit, lounge space, and an irrigated garden. Inside, the bright, open living spaces feature wide plank oak floors, a fireplace framed by built-in shelving, and a generous kitchen island. A separate lower-level family room adds another place to relax, and a two-car garage completes the home. Designed by Christian Rice Architects and built by NAU of San Diego, The Terraces brings contemporary design to the heart of Coronado Village. Coronado schools, the library, Spreckels Park, and the beach are all nearby. This corner residence is designed for indoor and outdoor living. Fully pocketing doors open the living room to a private, lushly landscaped yard with a lawn, built-in BBQ, and space for dining and lounging. Above, the approximately 493sqft rooftop deck offers views of the San Diego skyline, along with a spa, fire pit, lounge area, and irrigated garden. Inside, warm finishes balance the home’s clean architectural lines. Wide plank oak floors, frameless glass railings, and a fireplace with a custom slab surround carry the design throughout. The kitchen features Viking appliances, quartz composite countertops, recessed LED lighting, and a large island with breakfast bar seating. Bathrooms combine stone and quartz finishes with Grohe fixtures. The lower level adds a bedroom suite, laundry room, and flexible den space. A two-car garage provides convenient parking and storage. Outside, stucco, natural limestone, and copper accents give the home its distinctive look, while movable copper balcony panels offer added privacy.
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Est. Monthly Payment
$20,847
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
$8,077
Comp Average
$7,058
763 G Ave
3bd / 2.5ba · 2,368 sqft · Condo
$2.98M
Est. $7,407/mo
120 C Ave
2bd / 2ba · 2,300 sqft · Condo
$2.33M
Est. $7,200/mo
1054 Isabella Avenue
3bd / 3.5ba · 1,904 sqft · Condo
$3.88M
Est. $6,699/mo
747 Orange Ave
3bd / 3ba · 1,937 sqft · Condo
$4.16M
Est. $7,307/mo
6 Kingston Ct
3bd / 2ba · 1,881 sqft · Condo
$2.10M
Est. $6,677/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
8 leases of 2–4 bed condos & townhomes within 2 mi, same school area · $7,502–$9,689
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$17,124/mo short at 20% down; +$22,239/mo rent closes it.
- Break-even price
- $765,527
- Break-even rent
- $30,316/mo
- Cashflow at 35% down
- −$14,004/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
74% under asking
$22,239/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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