
San Diego, California 92101
This Condo-Hotel Investment Asset presents a High-Potential Investment Opportunity with a List Price of $220,000—positioned well below the $244,950 Fair Market Value by 10%. This valuation gap provides $24,950 in Instant Equity. Boasting a Good Condition Rating, the turnkey unit features city skyline views and exclusive Rock Royalty amenities in the heart of the Gaslamp Quarter. While restricted to short-term use, the on-site rental program offers consistent revenue potential. This cash-only acquisition is a strategic play for Buy-and-Hold Investors or lifestyle-driven buyers seeking a premier downtown foothold.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 5th 950 Subject | $220,000* List Price | 1 | 1 | 431 | $568 | - |
A 207 5th Avenue 838 Sold | $257,000 | 1 | 1 | 431 | $596 | 0.0 mi |
B 207 5th Ave 1250 Sold | $260,000 | 0 | 1 | 431 | $603 | 0.0 mi |
C 207 5th Ave 442 Sold | $230,000 | 1 | 1 | 431 | $534 | 0.0 mi |
D 207 5th Ave 943 Pending | $247,500 List Price | 1 | 1 | 431 | $574 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age range for a 'good' rating. The unit is move-in ready with well-maintained modern finishes, high-quality bathroom fixtures, and contemporary flooring. While the listing specifies there is no full kitchen, the existing wet bar area and overall interior components are functional and show minimal wear, consistent with a high-end hotel-condo.
Situated in the heart of the Gaslamp Quarter directly across from the San Diego Convention Center, this property offers unparalleled access to downtown San Diego's premier entertainment, dining, and tourism hubs.
As part of the exclusive Rock Royalty program, the unit is fully furnished and eligible for the hotel’s rental management program, providing a seamless opportunity for passive income generation.
Owners enjoy high-end concierge-level services, including access to a private owner’s lounge and the full suite of luxury amenities provided by the iconic Hard Rock Hotel brand.
The property is not permitted for full-time residency and lacks a kitchen, limiting its utility to short-term personal use and investment purposes only.
The 'Cash Only' purchase requirement and high monthly association fees create a significant barrier to entry for buyers relying on traditional mortgage financing.
CASH ONLY — Located in the heart of the Gaslamp Quarter, directly across from the San Diego Convention Center, the Hard Rock Hotel offers unmatched access to Downtown’s most iconic attractions. Residence 950 is a north-facing one-bedroom suite featuring a king bed, separate living area, and a semi-private sleeping space divided by a privacy curtain. This fully furnished unit is part of the hotel’s exclusive Rock Royalty program and offers owners access to luxury amenities and concierge-level service, including a private owner’s lounge. Owners may place their unit in the hotel’s rental management program, allowing flexible personal use (28 days a year for free with an option to stay longer at a discounted rate) while generating potential revenue. Unlike traditional condos, these units are not for full-time occupancy (there is no kitchen ) and cannot be used as a primary residence.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 431 | 1,107 | 2% |
| Lot Size | 52,618 | - | 84% |
| Price | $220.0K | $757.0K | 0% |
| Price per sq ft | $510 | $696 | 4% |
| Built year | 2008 | 2004 | 83% |
| HOA | $896.6 | $897 | 50% |
| Days on market | 5 | 154 | 8% |
Apr 17, 2026
$220,000
Initial Listing
Mar 9, 2012
$497,500
Public Record
Jan 25, 2008
$485,000
Public Record