
1500 Orange Ave #Res 17
Dbottom 20%Coronado, CA 92118
Pass at asking: -$22,933/mo full cashflow at 20% down, 7.43% rate.
Works at $209,092 (93% 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
89
Property Type
Condo
HOA/mo
$2,011.53
MLS ID
260019810SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Experience exceptional beachfront ownership at Shore House at The Del in beautifully appointed Residence 17, a stunning 2-bedroom, 2-bath retreat along Coronado's legendary shoreline. Thoughtfully designed with an open-concept floor plan, this light-filled residence showcases sophisticated finishes, a well-appointed kitchen, and spacious living and dining areas that create an inviting setting for everyday living or entertaining. A private balcony provides the perfect place to enjoy morning coffee, evening sunsets, and the refreshing ocean breeze. Owners enjoy exclusive access to The Del's renowned resort amenities, including multiple pools, spa, fitness center, exceptional dining, and one of Southern California's most celebrated beaches just steps away. Residence 17 is offered as a Whole Ownership, Limited Use property, providing full ownership with the flexibility of structured personal use and the opportunity to generate rental income through The Del's professionally managed rental program when not in residence. A rare opportunity to own a luxury residence at one of California's most iconic beachfront resorts.
Mortgage Calculator
Est. Monthly Payment
$23,888
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
$4,740
1500 Orange Ave
2bd / 2ba · 1,171 sqft · Condo
$3.70M
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
1750 Avenida Del Mundo
2bd / 2ba · 1,158 sqft · Condo
$2.48M
Est. $4,672/mo
1830 Avenida Del Mundo
2bd / 2ba · 1,213 sqft · Condo
$2.85M
Est. $5,027/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?
$22,933/mo short at 20% down; +$29,783/mo rent closes it.
- Break-even price
- $209,092
- Break-even rent
- $34,481/mo
- Cashflow at 35% down
- −$19,605/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
93% under asking
$29,783/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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