
1500 Orange Ave #42
Dbottom 20%Coronado, CA 92118
Pass at asking: -$25,287/mo full cashflow at 20% down, 7.43% rate.
Works at $205,537 (94% under asking); even all cash loses money at asking.
Rent $5,277/mo from 13 leases of 1–3 bed condos & townhomes within 1 mi ($4,804–$6,445).
Beds
2
Baths
2
Sqft
1,507
Year Built
2022
Days on Market
0
Property Type
Condo
HOA/mo
$2,484.63
MLS ID
260026795SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
One of six bay-oriented residences within Shore House, Residence 42 features a 1,507 square-foot layout oriented toward panoramic water vistas. A formal entry gallery creates a private arrival sequence, leading into an open-concept living and dining area filled with natural light. The primary suite includes a spa-inspired 5-piece bath with dual vanities, a walk-in shower, and a soaking tub. Sliding glass doors open to a covered terrace with an exterior gas fireplace, framing views of Glorietta Bay, the Coronado Bridge, and the downtown San Diego skyline. A secondary lock-off suite features an autonomous entrance, sitting area, dual queen beds, and a private bath. Shore House marks the final residential phase of the Hotel del Coronado master plan. Community amenities include a private oceanfront pool, sun terrace, lounge, dedicated arrival lobby, and access to resort dining, spa facilities, and beach services. This full-ownership, limited-use property offers ultimate slice of coastal paradise. A truly rare and special milestone in the history of an icon, Shore House is The Del’s final new real estate offering and the last piece of its $400 million Master Plan. Shore House is an intimate, boutique like ownership opportunity designed to enliven and enchant your senses. With panoramic views of the San Diego Skyline, Iconic Coronado Bridge and Glorietta Bay, this two bedroom, two bath residence offers a soothing retreat to soul-filled days along the Coronado shoreline. This Shore House Residence is not be available for long due to its unique use and income opportunity. Full Ownership, Limited Use.
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Est. Monthly Payment
$26,436
Location
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Comparable Properties
5 comps foundThis Property
$5,277
Comp Average
$6,233
1500 Orange Ave
2bd / 2.5ba · 1,484 sqft · Condo
$3.50M
Est. $5,300/mo
1810 Avenida Del Mundo
2bd / 2ba · 1,575 sqft · Condo
$3.25M
Est. $7,731/mo
1750 Avenida Del Mundo
2bd / 2ba · 1,450 sqft · Condo
$3.00M
Est. $5,270/mo
747 Orange Ave
3bd / 2.5ba · 1,633 sqft · Condo
$3.27M
Est. $6,432/mo
747 Orange Ave
3bd / 3ba · 1,631 sqft · Condo
$4.00M
Est. $6,430/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
13 leases of 1–3 bed condos & townhomes within 1 mi · $4,804–$6,445
Blended 50/50 with the zip's market median ($5,312)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$25,287/mo short at 20% down; +$32,841/mo rent closes it.
- Break-even price
- $205,537
- Break-even rent
- $38,118/mo
- Cashflow at 35% down
- −$21,644/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
94% under asking
$32,841/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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