
920 Balboa Avenue
Dbottom 20%Coronado, CA 92118
Pass at asking: -$56,660/mo full cashflow at 20% down, 7.43% rate.
Works at $1,312,826 (85% under asking); even all cash loses money at asking.
Rent $13,095/mo from 8 leases of houses within 0.5 mi, same school area, size-adjusted ($11,178–$22,944).
Beds
6
Baths
4.5
Sqft
4,254
Year Built
1989
Days on Market
57
Property Type
Single Family
HOA/mo
N/A
MLS ID
260022521SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Exquisite Coastal Cape Cod residence on an expansive 9,000-square-foot lot, ideally situated on a quiet street in Coronado’s coveted Country Club Estates. Offering over 4,200 square feet of living space, this sophisticated coastal home provides a rare sense of scale, with generous indoor and outdoor spaces rarely found in Coronado. A large enclosed front yard and idyllic front porch create a private and welcoming setting. Inside, the spacious floor plan features six bedrooms, a dedicated office, and 4.5 bathrooms, with beautiful oak hardwood floors, custom tilework, and beautifully appointed baths. The gourmet kitchen with top-of-the-line appliances, spacious great room with fireplace, and dining room open seamlessly to the beautifully landscaped private backyard, creating an ideal setting for entertaining and alfresco dining. The spacious primary suite offers a private retreat with fireplace, spa-like bathroom, walk-in built-in closet, and private balcony. Multiple additional living spaces include a downstairs media lounge and an upstairs lounge, offering exceptional flexibility for family and guests. Zoned air conditioning, a two-car garage, and outdoor shower add comfort and convenience. With its exceptional lot, abundant living space, sophisticated coastal design, and peaceful Country Club Estates setting, this is a rare opportunity to enjoy a level of space, privacy, and relaxed coastal living that is truly unique to Coronado.
Mortgage Calculator
Est. Monthly Payment
$59,501
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
$13,095
Comp Average
$13,538
1021 Olive Ave
5bd / 5.5ba · 4,249 sqft · Single Family
$7.85M
Est. $21,616/mo
901 Country Club Ln
6bd / 7.5ba · 4,842 sqft · Single Family
$10.89M
Est. $13,971/mo
1101 Isabella Avenue
6bd / 6ba · 3,532 sqft · Single Family
$9.85M
Est. $10,148/mo
920 Cabrillo Avenue
5bd / 4.5ba · 3,850 sqft · Single Family
$10.00M
Est. $11,249/mo
711 H Ave
5bd / 6ba · 3,507 sqft · Single Family
$8.75M
Est. $10,707/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 houses within 0.5 mi, same school area, size-adjusted · $11,178–$22,944
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$56,660/mo short at 20% down; +$73,585/mo rent closes it.
- Break-even price
- $1,312,826
- Break-even rent
- $86,680/mo
- Cashflow at 35% down
- −$47,608/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
85% under asking
$73,585/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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