920 Cabrillo Avenue
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920 Cabrillo Avenue

Dbottom 20%

Coronado, CA 92118

$10,000,000

Pass at asking: -$68,143/mo full cashflow at 20% down, 7.43% rate.

Works at $1,127,759 (89% under asking); even all cash loses money at asking.

Rent $11,249/mo from 9 leases of houses within 0.5 mi, same school area, size-adjusted ($9,811–$20,087).

Beds

5

Baths

4.5

Sqft

3,850

Year Built

2027

Days on Market

65

Property Type

Single Family

HOA/mo

N/A

MLS ID

260021825SD

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

About This Property

Offered from $9,000,000 to $10,000,000. Welcome to 920 Cabrillo Avenue, an exceptional new-construction residence by Archbel Homes set within Coronado’s sought-after Country Club Estates. Offering approximately 3,850 square feet, this five-bedroom, four-and-a-half-bath home pairs timeless coastal architecture with sophisticated interiors and a refined approach to modern living. The main level is centered around a generous open-concept kitchen, dining, and living area designed for both everyday living and entertaining. The kitchen features an oversized island, extensive custom cabinetry, and a beautifully appointed walk-in pantry. A fireplace anchors the living room, while expansive doors open directly to the rear terrace. The backyard is designed as a private retreat with an entertaining terrace, outdoor fireplace, pool and spa, and generous lawn area. A first-floor guest suite offers flexibility for visitors, while the upper level includes additional bedrooms and a spacious primary suite with a freestanding soaking tub, large walk-in shower, and dual vanities. Additional highlights include a dedicated laundry room, second-story balcony, two-car garage, and thoughtfully considered architectural details throughout. With construction underway, 920 Cabrillo Avenue presents an opportunity to secure a substantial new residence by Archbel Homes before completion, combining scale, craftsmanship, and relaxed coastal sophistication in one of Coronado’s most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$68,471

Principal & Interest$55,554
Property Tax$10,000
Insurance$2,917
%($2,000,000)
%
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

0D
Est. Monthly Rent
$11,249

9 leases of houses within 0.5 mi, same school area, size-adjusted · $9,811–$20,087

Monthly Cashflow

Rent − PITIA

-$57,222
Full Cashflow

Incl. vacancy, PM, maint, capex

-$68,143

What would make this work?

$68,143/mo short at 20% down; +$88,497/mo rent closes it.

Break-even price

89% under asking

$1,127,759
Break-even rent

$88,497/mo above the estimate

$99,746/mo
Cashflow at 35% down
−$57,726/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)
$55,554
Cap Rate
-1.44%
Cash-on-Cash
-40.89%
DSCR

Need ≥ 1.25 for DSCR loan

0.16

NOI (Annual)
-$144,314
Price-to-Rent

Lower = better for investors

74.1

* 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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DCashflow−$68,143/mo