Real Estate Investing in Coronado, California (92118)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92118 (Coronado, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 29.3% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 38.3 — hard to cash-flow at these prices.
What’s happening in Coronado, CA (92118)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92118 Coronado
Looking more closely, ZIP 92118 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $2.6M median. It rewards specialists, not generalists.
Rent of $5,560/mo on a $2.6M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 92118 sits below the stated 0.0% once reality is priced in.
The gap between 92118 and stronger Coronado ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 92118 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. resilient returns are possible in 92118, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Coronado:
Property Strategy for 92118
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $1,406,268 | $3,690 | 1.9% | +9.0% | $1,406,268 |
| 2BR | $1,963,174 | $4,500 | 1.7% | +10.0% | $981,587 |
| 3BR | $2,486,901 | $5,990 | 1.7% | +8.8% | $828,967 |
| 4BR | $3,301,082 | $7,270 | 1.6% | +8.6% | $825,271 |
| 5BR | $4,614,416 | — | — | +7.7% | $922,883 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92118 Compare?
| Metric | 92118 | Coronado | San Diego-Chula Vista-Carlsbad, CA | California |
|---|---|---|---|---|
| Home Value | $2,555,482 | $2,555,482 | N/A | $761,003 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 5.7% |
| Avg Rent | $5,560 | $5,560 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92118 (Coronado, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Diego County
Manage rentals here? List your business →33 Property Management offers residential and multi-family property management services in North County San Diego and Riverside, CA. summary from their website
This domain is for sale. summary from their website
Advent provides quality property management services throughout Southern California, focusing on customer service and using modern property management tools. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $2,555,482 |
| Monthly Rent | $5,560 |
| Price-to-Rent | 38.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | +25.6% ▲ |
| 3-Year CAGR | +11.2% ▲ |
| 5-Year CAGR | +10.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92118
Population: 18,495
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 92118
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,212 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are landlord laws favorable in Coronado, CA?
Coronado, CA operates under CA law, which is tenant-protective overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Are renters plentiful in Coronado, CA?
Coronado, CA draws a consistent base of working renters. Demand at the $5,560/mo rent level is reasonable for standard single-family and small multi rentals.
What is the rental occupancy rate in Coronado, CA?
Coronado, CA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Can I live-in-and-rent in Coronado, CA?
The house hack math a tougher in Coronado, CA. Owner-occupant buyers benefit from the $5,560/mo rents and $2.6M home values.
Is housing expensive in Coronado, CA?
Coronado, CA median home values land near $2.6M. That is reasonable territory for investors looking at $5,560/mo-per-month rentals.
You know 92118 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 92118 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 92118 ranks in San Diego-Chula Vista-Carlsbad, CA
Every ZIP in this metro, ranked. Free.
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