747 Orange Ave #303
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747 Orange Ave #303

Dbottom 20%

Coronado, CA 92118

$3,995,950

Pass at asking: -$26,589/mo full cashflow at 20% down, 7.43% rate.

Works at $533,933 (87% under asking); even all cash loses money at asking.

Rent $6,430/mo from 9 leases of 2–4 bed condos & townhomes within 1 mi ($5,116–$7,867).

Beds

3

Baths

3

Sqft

1,631

Year Built

2026

Days on Market

123

Property Type

Condo

HOA/mo

$850

MLS ID

260016998SD

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

Virtual Tour

About This Property

Welcome to THE GRAND, the new definition of luxury living in Coronado. This extraordinary penthouse residence is crowned by a breathtaking rotunda terrace, a true architectural showpiece designed to capture light, coastal breezes & views in the most enchanting way. An expansive private rooftop deck invites unforgettable sunsets & effortless entertaining, while a spacious two-car garage & oversized storage complete this exceptional offering of elevated living. Perfectly positioned in the heart of Coronado, enjoy front-row views of the 4th of July and Christmas parades, steps from Spreckels concerts and the island’s finest dining and downtown. Inspired by the timeless grandeur of Coronado’s architecture, THE GRAND was designed by AIA award winning architect Christian Rice. Residents will have an option to enjoy exclusive membership access to one of the world’s most celebrated beachfront resorts, the Del Club at the Hotel Del Coronado, seamlessly paired with the Hotel Del’s resort-style amenities creating a natural extension of luxury living*. More than a residence. A private retreat. A lifestyle beyond compare. THE GRAND Coronado is a boutique collection of just 12 luxury residences, masterfully designed by AIA award-winning architect Christian Rice. Thoughtfully curated to accommodate a variety of lifestyles, each residence offers distinctive features and refined single-level living with an emphasis on comfort, sophistication, and convenience. Residents will enjoy a central elevator, with three select homes featuring direct private elevator access. Additional conveniences include dedicated storage, trash chutes, and thoughtfully designed parking accommodations. Every residence includes two parking spaces, with a combination of private garages equipped for EV charging, carports, and tandem parking configurations. The floor plans are exceptionally designed, with 11 of the 12 residences offering three bedrooms and 2, 2.5, or 3 bathrooms, most featuring en-suite layouts. Only three exclusive residences offer private rooftop decks, creating exceptional outdoor living spaces with captivating island views. Every home is impeccably appointed with a curated collection of elevated finishes, including warm and sophisticated neutral palettes, premium quartz surfaces, polished nickel fixtures, heated bathroom floors, and designer-selected custom finishes throughout. Perfectly positioned in the heart of Coronado Village, just steps from shops, restaurants, parks, schools, and the beach, THE GRAND presents a rare opportunity to experience timeless architecture, modern luxury, and effortless coastal living in one of Coronado's most desirable locations. Estimated HOA dues are $850/month. Materials, specifications, plans, pricing, designs, schedules, and delivery dates may change without prior notice. All renderings, photos, and illustrations are conceptual and may not reflect the final features or views. The information provided is not guaranteed to be accurate, complete, or suitable for any particular purpose. * Del Club membership is contingent upon approval by the Del Club and shall be at The Del Club’s discretion.

Mortgage Calculator

Est. Monthly Payment

$28,211

Principal & Interest$22,199
Property Tax$3,996
Insurance$1,165
HOA$850
%($799,190)
%
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
$6,430

9 leases of 2–4 bed condos & townhomes within 1 mi · $5,116–$7,867

Blended 50/50 with the zip's market median ($6,154)

Monthly Cashflow

Rent − PITIA

-$21,780
Full Cashflow

Incl. vacancy, PM, maint, capex

-$26,589

What would make this work?

$26,589/mo short at 20% down; +$34,531/mo rent closes it.

Break-even price

87% under asking

$533,933
Break-even rent

$34,531/mo above the estimate

$40,961/mo
Cashflow at 35% down
−$22,427/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)
$22,199
Cap Rate
-1.22%
Cash-on-Cash
-39.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.23

NOI (Annual)
-$48,820
Price-to-Rent

Lower = better for investors

51.8

* 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−$26,589/mo