1500 Orange Avenue
Dbottom 20%Coronado, CA 92118
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 →
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.
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Est. Monthly Payment
$51,402
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
$7,273
Comp Average
$6,350
1500 Orange Ave
3bd / 3ba · 1,652 sqft · Condo
$5.50M
Est. $7,233/mo
1500 Orange Avenue
3bd / 3ba · 1,925 sqft · Condo
$6.85M
Est. $7,284/mo

1710 Avenida Del Mundo
2bd / 3ba · 1,796 sqft · Condo
$4.60M
Est. $5,818/mo

1710 Avenida Del Mundo
2bd / 2ba · 1,859 sqft · Condo
$5.20M
Est. $5,919/mo
1760 Avenida Del Mundo
2bd / 2ba · 1,340 sqft · Condo
$4.85M
Est. $5,496/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
8 leases of 2–4 bed condos & townhomes within 1 mi, same school area · $6,290–$8,123
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$51,800/mo short at 20% down; +$67,273/mo rent closes it.
- Break-even price
- $453,546
- Break-even rent
- $74,546/mo
- Cashflow at 35% down
- −$44,302/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
94% under asking
$67,273/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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