
1500 Orange Ave
Dbottom 20%Coronado, CA 92118
Pass at asking: -$26,791/mo full cashflow at 20% down, 7.43% rate.
Works at $209,835 (94% under asking); even all cash loses money at asking.
Rent $4,698/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($4,421–$6,090).
Beds
2
Baths
2
Sqft
1,171
Year Built
2022
Days on Market
103
Property Type
Condo
HOA/mo
$2,006.04
MLS ID
260018593SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Experience refined coastal living at Shore House at The Del in Residence 35, a beautifully appointed 2-bedroom, 2-bath residence on Coronado's iconic shoreline. Filled with natural light, this elegant retreat features an open-concept floor plan, sophisticated finishes, a well-appointed kitchen, and a spacious living area that opens to a private terrace, creating the perfect setting for seamless indoor-outdoor living. Owners enjoy exclusive access to the world-class amenities of the legendary Hotel del Coronado, including resort-style pools, a full-service spa, state-of-the-art fitness center, and acclaimed dining, all just steps from the sand. Offered as a Whole Ownership, Limited Use residence, this property provides the benefits of full ownership with the opportunity to generate rental income through the resort's professionally managed rental program when not in residence. Whether you're seeking a luxurious beachfront retreat or an exceptional investment, Residence 35 offers a rare opportunity to own within one of Southern California's most coveted oceanfront destinations.
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Est. Monthly Payment
$27,327
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
$4,698
Comp Average
$4,683
1500 Orange Ave
2bd / 2ba · 1,171 sqft · Condo
$3.19M
Est. $4,698/mo
1500 Orange Ave
2bd / 2ba · 1,168 sqft · Condo
$4.40M
Est. $4,692/mo
1830 Avenida Del Mundo
2bd / 2ba · 1,148 sqft · Condo
$3.47M
Est. $4,613/mo
1830 Avenida Del Mundo
2bd / 2ba · 1,213 sqft · Condo
$3.85M
Est. $4,742/mo
1750 Avenida Del Mundo
2bd / 2ba · 1,158 sqft · Condo
$2.48M
Est. $4,672/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
11 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $4,421–$6,090
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$26,791/mo short at 20% down; +$34,794/mo rent closes it.
- Break-even price
- $209,835
- Break-even rent
- $39,492/mo
- Cashflow at 35% down
- −$22,939/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
94% under asking
$34,794/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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