1500 Orange Avenue
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1500 Orange Avenue

Dbottom 20%

Coronado, CA 92118

$7,198,000

Pass at asking: -$51,800/mo full cashflow at 20% down, 7.43% rate.

Works at $453,546 (94% under asking); even all cash loses money at asking.

Rent $7,273/mo from 8 leases of 2–4 bed condos & townhomes within 1 mi, same school area ($6,290–$8,123).

Beds

3

Baths

3

Sqft

1,670

Year Built

2022

Days on Market

119

Property Type

Condo

HOA/mo

$2,117.07

MLS ID

260017174SD

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

Virtual Tour

About This Property

Experience elevated coastal living in Residence 57 at Shore House at The Del, a beautifully appointed 2-bedroom + loft residence offering stunning ocean views and picturesque overlooks of the Shore House pool. Thoughtfully designed with an open-concept floor plan, the residence is filled with natural light and seamlessly blends sophisticated interiors with relaxed beachfront living. Enjoy morning coffee or evening sunsets from the private balcony while taking in views of the Pacific Ocean and the resort-style pool. Ownership at Shore House includes access to an unparalleled resort lifestyle with exclusive pools, beach concierge service, fitness center, spa, world-class dining, concierge, and the iconic amenities of Hotel del Coronado. This is a full-ownership, limited-use residence with the opportunity to participate in a professionally managed rental program, offering excellent income potential when not enjoying the residence yourself. Whether you're seeking a luxurious vacation retreat, a legacy property, or an exceptional investment, Residence 57 delivers the rare opportunity to own within one of Southern California's most iconic beachfront destinations, where timeless architecture, exceptional service, and effortless luxury come together just steps from the sand.

Mortgage Calculator

Est. Monthly Payment

$51,402

Principal & Interest$39,988
Property Tax$7,198
Insurance$2,099
HOA$2,117
%($1,439,600)
%
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
$7,273

8 leases of 2–4 bed condos & townhomes within 1 mi, same school area · $6,290–$8,123

Monthly Cashflow

Rent − PITIA

-$44,129
Full Cashflow

Incl. vacancy, PM, maint, capex

-$51,800

What would make this work?

$51,800/mo short at 20% down; +$67,273/mo rent closes it.

Break-even price

94% under asking

$453,546
Break-even rent

$67,273/mo above the estimate

$74,546/mo
Cashflow at 35% down
−$44,302/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)
$39,988
Cap Rate
-1.91%
Cash-on-Cash
-43.18%
DSCR

Need ≥ 1.25 for DSCR loan

0.14

NOI (Annual)
-$137,383
Price-to-Rent

Lower = better for investors

82.5

* 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−$51,800/mo