953 E Ave
Dbottom 20%Coronado, CA 92118
Pass at asking: -$22,691/mo full cashflow at 20% down, 7.43% rate.
Works at $720,657 (80% under asking); even all cash loses money at asking.
Rent $7,188/mo from 8 leases of 3-bed houses within 0.5 mi, same school area ($6,882–$8,012).
Beds
3
Baths
3.5
Sqft
2,050
Year Built
2016
Days on Market
81
Property Type
Single Family
HOA/mo
N/A
MLS ID
260020508SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
A stunning coastal retreat that perfectly captures the relaxed yet refined spirit of island living. From the moment you arrive, the inviting curb appeal sets the stage for a home that feels both timeless and modern. The main living spaces are bathed in natural light, highlighting high-end finishes. One of the many standout features of this residence is the expansive basement, a rare and versatile find in Coronado. Whether you envision this 3rd bedroom suite as a compound for family members and friends, high-tech media room, a private gym, or a lounge for hosting guests, this space offers endless possibilities to tailor the home to your unique lifestyle. Plus the top floor versatile loft with quiet balcony to enjoy the sunsets. Come and enjoy how beautiful and convenient this Coronado Classic is. Located just moments from the iconic Orange Avenue and world-class beaches!
Mortgage Calculator
Est. Monthly Payment
$25,163
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
$7,188
Comp Average
$7,801
221 B Ave
3bd / 3.5ba · 2,287 sqft · Single Family
$2.50M
Est. $8,195/mo
1630 Miguel Avenue
3bd / 3ba · 2,116 sqft · Single Family
$3.12M
Est. $7,907/mo
305 J Avenue
3bd / 3.5ba · 2,249 sqft · Single Family
$3.70M
Est. $7,606/mo
839 G Ave
4bd / 3.5ba · 1,970 sqft · Single Family
$3.50M
Est. $8,035/mo
200 E Ave
3bd / 3ba · 2,080 sqft · Single Family
$2.75M
Est. $7,261/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 3-bed houses within 0.5 mi, same school area · $6,882–$8,012
Blended 50/50 with the zip's market median ($6,874)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$22,691/mo short at 20% down; +$29,469/mo rent closes it.
- Break-even price
- $720,657
- Break-even rent
- $36,657/mo
- Cashflow at 35% down
- −$18,863/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
80% under asking
$29,469/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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