
San Diego, California 92101
This condo-hotel suite represents a High-Potential Investment Opportunity, listed at a List Price of $199,000—positioned well below the $200,100 Fair Market Value by 0.55%. Featuring a Good Condition Rating, this unit offers a $1,100 in Instant Equity. With its prime Gaslamp Quarter location and professional management, this asset provides a hands-off, turnkey rental model. It is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a high-demand, income-generating property in the heart of San Diego.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 5th Avenue 1028 Subject | $199,000* List Price | 1 | 1 | 340 | $589 | - |
A 207 5th Ave 803 Sold | $234,000 | 0 | 1 | 350 | $669 | 0.0 mi |
B 207 5th Ave 943 Sold | $230,000 | 1 | 1 | 431 | $534 | 0.0 mi |
C 207 5th Avenue 444 Sold | $215,000 | 1 | 1 | 431 | $499 | - |
D 207 5th 950 Sold | $217,500 | 1 | 1 | 431 | $505 | - |
E 207 5th Avenue 642 Active | $240,000 List Price | 1 | 1 | 431 | $557 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008 (16 years old), the property falls within the 10-20 year range for 'Good' condition. As a professionally managed condo-hotel unit, it is well-maintained, fully functional, and move-in ready. While the listing mentions an upcoming renovation, the current systems and furnishings remain in good, marketable condition.
Situated directly across from the San Diego Convention Center and steps from Petco Park, this unit benefits from consistent high-demand traffic from major conventions, sporting events, and tourism.
The property is sold fully furnished with professional on-site management handling all guest services and maintenance, providing a seamless, hands-off experience for investors.
Ownership includes VIP perks such as Green Room access, complimentary valet, and concierge services, further enhanced by the value-add potential of an upcoming hotel-wide renovation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =52707, other record lot size in square feet = 52618.
The condo-hotel structure limits owner usage to just 28 days per year and strictly prohibits full-time residency, which may not appeal to traditional second-home buyers.
The requirement for an all-cash purchase and a high monthly association fee of $926 relative to the 340-square-foot studio size may impact the overall net ROI for some investors.
Own a piece of the energy at the iconic Hard Rock Hotel San Diego! Located on the 10th floor in the heart of the Gaslamp Quarter, Unit 1028 puts you right in the middle of one of downtown San Diego’s most vibrant destinations. From Padres games and concerts to conventions, nightlife and year-round events, this is where San Diego comes alive. This bright and inviting studio condo-hotel suite features Two queen beds, large windows and a thoughtfully designed layout offering both comfort and functionality. Sold fully furnished, it’s an easy downtown getaway with the energy of the city just outside your door. The location is hard to beat. The Hard Rock Hotel sits directly across the street from the San Diego Convention Center, bringing a steady flow of business and leisure travelers throughout the year and becoming a hub of activity during major events such as Comic-Con. Petco Park is just steps away, along with the Gaslamp Quarter’s restaurants, nightlife and entertainment. The San Diego Bay waterfront, Seaport Village and more of downtown’s most popular destinations are also nearby. Adding to the excitement, the hotel is preparing for an upcoming refresh and renovation, bringing a new look and renewed energy to this already iconic San Diego destination. Hard Rock Hotel San Diego is a condo-hotel, offering owners a unique combination of personal enjoyment and investment potential. Owners may personally use their suite for up to 28 days per year, while the on-site professional hotel management program handles reservations, guest services and maintenance throughout the remainder of the year. It’s a hands-off ownership experience without the day-to-day responsibilities of managing tenants or short-term rentals, while offering the potential to benefit from rental income. Ownership also comes with special perks, including access to the Green Room Hospitality Lounge, complimentary valet parking during owner stays, concierge services and invitations to private owner events. Whether you’re looking for your own San Diego getaway, a place to stay while enjoying your favorite downtown events, or a unique investment opportunity in one of the city’s most recognizable hotels, Unit 1028 offers the chance to own in the center of it all. **Cash purchase required and an attractive option for buyers considering a 1031 exchange.** Full-time occupancy is not permitted. Unit is sold fully furnished.
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 340 | 1,002.307 |
| Lot Size | 52,707.602 | 75,574.68 |
| Price | $199.0K | $596.0K |
| Price per sq ft | $585 | $612 |
| Built year | 2008 | 1985 |
| HOA | $926.0 | $529 |
| Days on market | 2 | 55 |
Sep 7, 2026
$199,000
Initial Listing
Nov 7, 2007
$428,000
Public Record