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207 5th Ave 442, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

207 5th Ave 442, San Diego, California 92101 home-pic-0
ACTIVE$230,000
207 5th Ave 442, San Diego, California 92101
1Bed
1Bath
431Sqft
52,618Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Located in the heart of the Gaslamp Quarter, directly across from the San Diego Convention Center, offering unparalleled access to downtown attractions.
Top Cons:
Cash Only Requirement: The property is explicitly listed as 'CASH ONLY,' significantly limiting the potential buyer pool.

Compared to the nearby listings

Price:$230.0K vs avg $692.5K ($-462,500)0%
Size:431 sqft vs avg 1,046 sqft2%
Price/sqft:$534 vs avg $6946%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this hotel suite is 16 years old and presents in excellent, move-in ready condition. The bathroom is modern with large white tiles and contemporary fixtures, showing no signs of wear. While the unit explicitly lacks a kitchen, the existing living and sleeping areas are well-maintained with modern furnishings, clean carpets, and contemporary lighting, reflecting the high standards of a hotel property. The overall condition aligns with a well-kept property within the 10-20 year age range, requiring no immediate renovations.
Year Built
2008
Close
-
List price
$230K
Original List price
$260K
Price/Sqft
$534
HOA
$896.6
Days on market
-
Sold On
-
MLS number
250039776SD
Home ConditionGood
Features
Deck
Pool
Spa
Patio
View-

About this home

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 442 is an east-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.

Condition Rating
Good
Built in 2008, this hotel suite is 16 years old and presents in excellent, move-in ready condition. The bathroom is modern with large white tiles and contemporary fixtures, showing no signs of wear. While the unit explicitly lacks a kitchen, the existing living and sleeping areas are well-maintained with modern furnishings, clean carpets, and contemporary lighting, reflecting the high standards of a hotel property. The overall condition aligns with a well-kept property within the 10-20 year age range, requiring no immediate renovations.
Pros & Cons

Pros

Prime Downtown Location: Located in the heart of the Gaslamp Quarter, directly across from the San Diego Convention Center, offering unparalleled access to downtown attractions.
Luxury Hotel Amenities & Services: Owners benefit from exclusive access to Hard Rock Hotel's luxury amenities, concierge service, and a private owner’s lounge as part of the Rock Royalty program.
Income Generation Potential: The unit can be placed in the hotel’s rental management program, allowing owners to generate potential revenue.
Flexible Personal Use: Owners enjoy 28 days of complimentary personal use annually, with options for extended stays at a discounted rate.
Fully Furnished & Turnkey: The unit is sold fully furnished, making it ready for immediate personal use or rental without additional setup costs.

Cons

Cash Only Requirement: The property is explicitly listed as 'CASH ONLY,' significantly limiting the potential buyer pool.
Restricted Occupancy & No Kitchen: The unit is not for full-time occupancy, cannot be used as a primary residence, and lacks a kitchen, limiting its functionality and appeal for traditional living.
High Monthly Association Fees: The substantial monthly association fee of $896.6 is high for a 431 sqft unit, impacting the overall cost of ownership or investment returns.

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