747 Orange Ave #304
Dbottom 20%Coronado, CA 92118
Pass at asking: -$20,982/mo full cashflow at 20% down, 7.43% rate.
Works at $534,142 (84% under asking); even all cash loses money at asking.
Rent $6,432/mo from 9 leases of 2–4 bed condos & townhomes within 1 mi ($5,119–$7,872).
Beds
3
Baths
2.5
Sqft
1,633
Year Built
2026
Days on Market
123
Property Type
Condo
HOA/mo
$850
MLS ID
260016999SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Welcome to THE GRAND, the new definition of luxury living in Coronado. This penthouse residence is anchored by an extraordinary oversized entertaining terrace, a true extension of the living space, designed for al fresco dining, gatherings, and effortless indoor-outdoor living located in the rear of the building. Complete with two parking spaces and private storage, it is crafted to serve as both your serene retreat and the perfect setting for unforgettable entertaining. 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, a boutique collection of 12 luxury residences masterfully designed by AIA award winning architect Christian Rice. Each home offers its own unique features, allowing you to choose the residence that best fits your lifestyle. Each residence offers single-level living for exceptional comfort and ease. The building includes a central elevator, with three select residences enjoying direct, private elevator access. Additional conveniences include a trash chute, dedicated storage spaces, and thoughtfully planned parking. Each residence includes two parking spaces, with a mix of private two-car garages and tandem configurations. The floorplans are exceptionally well designed, with 11 of the 12 residences offering three bedrooms, and featuring 2, 2.5 or 3 bathrooms, all en-suite. Only three exclusive residences boast private rooftop decks, offering elevated outdoor living and captivating views. Every residence is turn-key, brand new, and impeccably appointed, showcasing a curated collection of elevated design elements…warm, sophisticated neutral palettes, premium quartz surfaces, polished nickel fixtures, heated bathroom floors for year-round indulgence, and customized designer-selected finishes throughout. HOA dues are estimated at $850 per month. Perfectly situated near everything that defines the Coronado lifestyle, The Grand offers a rare opportunity to enjoy luxury, convenience, and timeless design in one of the most desirable locations on the island. 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.
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Est. Monthly Payment
$23,213
Location
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Comparable Properties
5 comps foundThis Property
$6,432
Comp Average
$6,287
747 Orange Ave
3bd / 3ba · 1,631 sqft · Condo
$4.00M
Est. $6,430/mo
1500 Orange Ave
2bd / 2ba · 1,507 sqft · Condo
$3.50M
Est. $5,277/mo
1500 Orange Ave
2bd / 2.5ba · 1,484 sqft · Condo
$3.50M
Est. $5,300/mo
1054 Isabella Avenue
3bd / 3.5ba · 1,904 sqft · Condo
$3.88M
Est. $6,699/mo
1810 Avenida Del Mundo
2bd / 2ba · 1,575 sqft · Condo
$3.25M
Est. $7,731/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
9 leases of 2–4 bed condos & townhomes within 1 mi · $5,119–$7,872
Blended 50/50 with the zip's market median ($6,154)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$20,982/mo short at 20% down; +$27,249/mo rent closes it.
- Break-even price
- $534,142
- Break-even rent
- $33,681/mo
- Cashflow at 35% down
- −$17,580/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
84% under asking
$27,249/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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