761 D Ave #C
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761 D Ave #C

Ctop 80%

Coronado, CA 92118

$1,695,000

Pass at asking: -$7,879/mo full cashflow at 20% down, 7.43% rate.

Works at $669,163 (61% under asking), or at 87% down.

Rent $7,064/mo from 8 leases of 2–4 bed condos & townhomes within 1 mi ($5,440–$8,428).

Beds

3

Baths

2.5

Sqft

1,866

Year Built

1984

Days on Market

193

Property Type

Condo

HOA/mo

$300

MLS ID

260010496SD

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

About This Property

Set in a highly desirable location close to Orange Avenue’s vibrant restaurants and shops, Coronado Library, Coronado Village schools, and Spreckels Park, this spacious 3-bedroom, 2.5-bathroom home offers 1,866 square feet of comfortable, usable living space with full sized stackable washer and dryer and two gas fireplaces along with a brand new central forced heating and air conditioning system installed in 2026. The entire interior has been freshly painted, creating a bright and inviting atmosphere that’s ready for your personal touch. An oversized single-car garage featuring a recently upgraded insulated door provides tremendous storage, adding both practicality and convenience to daily life. This is an excellent opportunity to own a well-located home with generous space and strong potential, making it the perfect canvas on which to build your dream.

Mortgage Calculator

Est. Monthly Payment

$11,906

Principal & Interest$9,416
Property Tax$1,695
Insurance$494
HOA$300
%($339,000)
%
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

13C
Est. Monthly Rent
$7,064

8 leases of 2–4 bed condos & townhomes within 1 mi · $5,440–$8,428

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$4,841
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,879

What would make this work?

$7,879/mo short at 20% down; 87% down or +$10,232/mo rent closes it.

Break-even price

61% under asking

$669,163
Break-even rent

$10,232/mo above the estimate

$17,296/mo
Cashflow at 35% down
−$6,113/mo
Down payment to break even

$1,474,650 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,416
Cap Rate
1.34%
Cash-on-Cash
-27.89%
DSCR

Need ≥ 1.25 for DSCR loan

0.59

NOI (Annual)
$22,692
Price-to-Rent

Lower = better for investors

20.0

* 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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CCashflow−$7,879/mo