1500 Orange Avenue
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1500 Orange Avenue

Dbottom 20%

Coronado, CA 92118

$6,850,000
NEW — 0d

Pass at asking: -$50,068/mo full cashflow at 20% down, 7.43% rate.

Works at $331,038 (95% under asking); even all cash loses money at asking.

Rent $7,284/mo from 9 leases of 2–4 bed condos & townhomes within 1 mi ($5,557–$8,547).

Beds

3

Baths

3

Sqft

1,925

Year Built

2022

Days on Market

0

Property Type

Condo

HOA/mo

$3,065.72

MLS ID

260026442SD

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

About This Property

Residence 71 is positioned to take in the very best of Coronado’s shoreline. From the private balcony, the view opens across the Shore House pool to the beach beyond, where the Pacific rolls onto the sand. Below, the courtyard fountain adds a quiet, continuous note to the surf, an atmosphere found only at the water’s edge. This 3-bedroom, 3-bath residence, categorized as a 2-bedroom + loft, is designed for gracious living and effortless entertaining. A fireplace anchors the living room, while a second fireplace on the balcony extends the home outdoors, inviting you to linger long after the evening cools. Intelligent Two-Key functionality allows the home to be enjoyed as a whole or divided to accommodate guests or rental use. As a Shore House owner, you will enjoy an exclusive “resort-within-a-resort” lifestyle, complete with a private zero-edge infinity pool, spa, 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 excellent income potential when you are not enjoying the residence yourself. Residence 71 is a rare opportunity to own an exceptional beachfront condo at one of California’s most celebrated addresses.

Mortgage Calculator

Est. Monthly Payment

$49,968

Principal & Interest$38,055
Property Tax$6,850
Insurance$1,998
HOA$3,066
%($1,370,000)
%
Loan Term

Location

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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
$7,284

9 leases of 2–4 bed condos & townhomes within 1 mi · $5,557–$8,547

Monthly Cashflow

Rent − PITIA

-$42,684
Full Cashflow

Incl. vacancy, PM, maint, capex

-$50,068

What would make this work?

$50,068/mo short at 20% down; +$65,023/mo rent closes it.

Break-even price

95% under asking

$331,038
Break-even rent

$65,023/mo above the estimate

$72,307/mo
Cashflow at 35% down
−$42,933/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)
$38,055
Cap Rate
-2.04%
Cash-on-Cash
-43.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.15

NOI (Annual)
-$139,790
Price-to-Rent

Lower = better for investors

78.4

* 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−$50,068/mo