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207 5th Ave 1250, San Diego, California 92101, San Diego, 92101 - bed, 1 bath

207 5th Ave 1250, San Diego, California 92101 home-pic-0
ACTIVE$289,000
207 5th Ave 1250, San Diego, California 92101
0Bed
1Bath
431Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the heart of the Gaslamp Quarter, steps from the Convention Center, Petco Park, and other major San Diego attractions, offering unparalleled access to entertainment and business hubs.
Top Cons:
Restricted Personal Use: Ownership is limited to a maximum of 28 days of personal use per year, preventing full-time residency and primarily positioning it as an investment property rather than a primary home.

Compared to the nearby listings

Price:$289.0K vs avg $692.5K ($-403,500)1%
Size:431 sqft vs avg 1,046 sqft2%
Price/sqft:$671 vs avg $69444%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this condo-hotel unit is 16 years old, placing it within the 'Good' condition criteria. As part of the Hard Rock Hotel, it benefits from professional management and maintenance, ensuring a high standard of upkeep. While interior images of the specific unit's kitchen and bathroom are not provided, the common areas and exterior shown in the images are modern, well-maintained, and reflect a contemporary style. This suggests the unit itself is move-in ready with minimal wear and tear, consistent with hotel-grade finishes and amenities, and does not require immediate renovation.
Year Built
2008
Close
-
List price
$289K
Original List price
$325K
Price/Sqft
$671
HOA
$772
Days on market
-
Sold On
-
MLS number
250032602SD
Home ConditionGood
Features
Good View:
Deck
Pool
Spa
View-

About this home

TOP FLOOR END UNIT. 1-bedroom King Suite. in the heart of the Gaslamp Quarter and steps from the Convention Center, this condo-hotel offers a truly unique and flexible ownership experience. As a Hard Rock owner, enjoy exclusive perks including: Green Room Hospitality Lounge access, Complimentary valet parking during your stays, Concierge services, Invites to private and special events. Situated next to Petco Park, The Shell music venue, San Diego Bay, Coronado, the airport. The Hard Rock is a condo-hotel, meaning you cant live here full-time, but you can use the unit up to 28 days per year and benefit from revenue-sharing through the on-site rental management program. Cash Only. TOP FLOOR END UNIT. 1-bedroom King Suite. in the heart of the Gaslamp Quarter and steps from the Convention Center, this condo-hotel offers a truly unique and flexible ownership experience. As a Hard Rock owner, enjoy exclusive perks including: Green Room Hospitality Lounge access, Complimentary valet parking during your stays, Concierge services, Invites to private and special events. Situated next to Petco Park, The Shell music venue, San Diego Bay, Coronado, the airport. The Hard Rock is a condo-hotel, meaning you cant live here full-time, but you can use the unit up to 28 days per year and benefit from revenue-sharing through the on-site rental management program. Cash Only.

Condition Rating
Good
Built in 2008, this condo-hotel unit is 16 years old, placing it within the 'Good' condition criteria. As part of the Hard Rock Hotel, it benefits from professional management and maintenance, ensuring a high standard of upkeep. While interior images of the specific unit's kitchen and bathroom are not provided, the common areas and exterior shown in the images are modern, well-maintained, and reflect a contemporary style. This suggests the unit itself is move-in ready with minimal wear and tear, consistent with hotel-grade finishes and amenities, and does not require immediate renovation.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of the Gaslamp Quarter, steps from the Convention Center, Petco Park, and other major San Diego attractions, offering unparalleled access to entertainment and business hubs.
Exclusive Hotel Amenities: Owners enjoy premium Hard Rock Hotel perks including Green Room Hospitality Lounge access, complimentary valet parking, concierge services, and invitations to private events, enhancing the luxury experience.
Revenue-Generating Investment: The property offers a flexible ownership model with revenue-sharing through an on-site rental management program, providing a potential income stream for investors.
Top Floor End Unit: As a top-floor, end unit, it provides enhanced privacy, reduced noise, and potentially superior views compared to other units within the building.
Modern Construction & Brand Recognition: Built in 2008, the unit benefits from modern construction standards, and the Hard Rock brand affiliation adds prestige and marketability for rental and resale.

Cons

Restricted Personal Use: Ownership is limited to a maximum of 28 days of personal use per year, preventing full-time residency and primarily positioning it as an investment property rather than a primary home.
Cash-Only Purchase Requirement: The 'Cash Only' stipulation significantly narrows the potential buyer pool, as traditional financing options are unavailable, which can limit market demand.
High Association Fees: The monthly association fee of $772.0 is substantial for a 431 sqft unit, which could impact profitability or overall ownership costs, despite covering hotel amenities.

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