
1500 Orange Ave #74
Dbottom 20%Coronado, CA 92118
Pass at asking: -$25,157/mo full cashflow at 20% down, 7.43% rate.
Works at $222,429 (94% under asking); even all cash loses money at asking.
Rent $5,300/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($4,977–$6,856).
Beds
2
Baths
2.5
Sqft
1,484
Year Built
2022
Days on Market
53
Property Type
Condo
HOA/mo
$2,372.53
MLS ID
260022891SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
An extraordinary and rare opportunity awaits at Shore House at the Del to own a piece of paradise along the Coronado coastline. Residence 74 is one of only three exclusive “hospitality” layouts within the premier collection, offering an expansive 1,484 SQFT, 2BR/2.5BA sanctuary thoughtfully designed for elevated entertaining and unforgettable gatherings. The interior embodies effortless coastal sophistication, with a spacious great room serving as the heart of the residence. Anchored by a fireplace and signature L-shaped sectional, the inviting living space is perfectly suited for memorable family gatherings and relaxed entertaining. The chef-inspired kitchen features a generous center island, dedicated beverage center, and formal eight-person dining table—a rare and spacious configuration unique to this particular layout. As a Shore House owner, enjoy an exclusive “resort-within-a-resort” lifestyle, complete with a private zero-edge infinity pool, Jacuzzi, luxury cabanas, open-air bar, and beachfront fire pits. Owners also enjoy a dedicated arrival experience, private VIP check-in, and complimentary valet, along with full access to The Del’s world-class spa, fitness center, and premier beach service on Coronado’s famous white sands. This full-ownership, limited-use property offers the rare combination of a legacy second residence and a professionally managed rental program, creating a seamless, hands-free ownership experience with income potential. The primary suite offers a true retreat, featuring a luxurious bathroom with a walk-in shower & double vanity sinks. With the inclusion of a queen-size pullout, an in-unit washer/dryer, the home comfortably sleeps eight. This residence also boasts intelligent "Two-Key" functionality, providing owners with maximum rental flexibility & utility
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Est. Monthly Payment
$26,324
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
$5,300
Comp Average
$6,422
1500 Orange Ave
2bd / 2ba · 1,507 sqft · Condo
$3.50M
Est. $5,277/mo
1750 Avenida Del Mundo
2bd / 2ba · 1,450 sqft · Condo
$3.00M
Est. $5,270/mo
1810 Avenida Del Mundo
2bd / 2ba · 1,575 sqft · Condo
$3.25M
Est. $7,731/mo
1810 Avenida Del Mundo
2bd / 2ba · 1,443 sqft · Condo
$2.27M
Est. $7,400/mo
747 Orange Ave
3bd / 2.5ba · 1,633 sqft · Condo
$3.27M
Est. $6,432/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 · $4,977–$6,856
Blended 50/50 with the zip's market median ($5,312)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$25,157/mo short at 20% down; +$32,672/mo rent closes it.
- Break-even price
- $222,429
- Break-even rent
- $37,972/mo
- Cashflow at 35% down
- −$21,514/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
94% under asking
$32,672/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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