1500 Orange Ave #10
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1500 Orange Ave #10

Dbottom 20%

Coronado, CA 92118

$4,400,000

Pass at asking: -$32,203/mo full cashflow at 20% down, 7.43% rate.

Works at $207,177 (95% under asking); even all cash loses money at asking.

Rent $4,692/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($4,416–$6,082).

Beds

2

Baths

2

Sqft

1,168

Year Built

2022

Days on Market

113

Property Type

Condo

HOA/mo

$2,022.06

MLS ID

260017760SD

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

About This Property

Experience a new standard of coastal luxury at Shore House at The Del, where the timeless charm of the legendary Hotel del Coronado meets refined, modern living. This beautifully appointed 2-bedroom residence offers stunning, panoramic views of the Pacific Ocean, Point Loma, and the private Shore House pool—creating a peaceful, oceanfront sanctuary just steps from the sand. Designed to perfection, the home features bespoke finishes, premium craftsmanship, and a seamless indoor-outdoor flow. The spacious, light-filled open floor plan is built for effortless relaxation and sophisticated entertaining alike. As an owner within this private, boutique enclave, you will enjoy exclusive VIP access to The Del's world-class resort amenities. Take advantage of dedicated concierge services, private gated entry, and restricted access to pristine resort pools, a state-of-the-art wellness spa, and a modern fitness center, all while being steps from award-winning oceanfront dining and vibrant beachside lounges. Offered as a Full Ownership, Limited Use condominium, this property represents a rare opportunity to own a piece of one of California’s most iconic beachfront destinations. Whether you desire an extraordinary personal vacation retreat, a strong investment asset, or the perfect combination of both, this Shore House residence is your ultimate slice of coastal paradise

Mortgage Calculator

Est. Monthly Payment

$32,149

Principal & Interest$24,444
Property Tax$4,400
Insurance$1,283
HOA$2,022
%($880,000)
%
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
$4,692

11 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $4,416–$6,082

Monthly Cashflow

Rent − PITIA

-$27,457
Full Cashflow

Incl. vacancy, PM, maint, capex

-$32,203

What would make this work?

$32,203/mo short at 20% down; +$41,822/mo rent closes it.

Break-even price

95% under asking

$207,177
Break-even rent

$41,822/mo above the estimate

$46,514/mo
Cashflow at 35% down
−$27,620/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)
$24,444
Cap Rate
-2.05%
Cash-on-Cash
-43.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.15

NOI (Annual)
-$90,291
Price-to-Rent

Lower = better for investors

78.1

* 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−$32,203/mo