700 7th St
1 / 20

700 7th St

Dbottom 20%

Coronado, CA 92118

$2,995,000

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 →

Virtual Tour

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.

Mortgage Calculator

Est. Monthly Payment

$20,847

Principal & Interest$16,638
Property Tax$2,995
Insurance$874
HOA$340
%($599,000)
%
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
$8,077

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

Monthly Cashflow

Rent − PITIA

-$12,770
Full Cashflow

Incl. vacancy, PM, maint, capex

-$17,124

What would make this work?

$17,124/mo short at 20% down; +$22,239/mo rent closes it.

Break-even price

74% under asking

$765,527
Break-even rent

$22,239/mo above the estimate

$30,316/mo
Cashflow at 35% down
−$14,004/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)
$16,638
Cap Rate
-0.03%
Cash-on-Cash
-34.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.39

NOI (Annual)
-$980
Price-to-Rent

Lower = better for investors

30.9

* 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−$17,124/mo