207 5th Avenue 1244, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
ACTIVE$319,000
207 5th Avenue 1244, San Diego, California 92101
1Bed
1Bath
401Sqft
52,707.602Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unbeatable Location: Situated in the vibrant Gaslamp Quarter, this unit is steps away from major attractions including Petco Park, the Convention Center, San Diego Bay, and a plethora of renowned dining and entertainment options.
Top Cons:
Limited Owner Occupancy: The condo-hotel model restricts personal use to a maximum of 28 days per year, making it unsuitable for full-time residency or extended personal stays.
Compared to the nearby listings
Price:$319.0K vs avg $692.5K ($-373,500)3%
Size:401 sqft vs avg 1,046 sqft1%
Price/sqft:$796 vs avg $69473%
More Insights
Built in 2008 (17 years old).
Condition: The property was built in 2008, making it 16 years old, which falls within the 'Good' condition criteria for age. As a unit within the Hard Rock Hotel, it is expected to be professionally managed and maintained to a high standard, featuring a 'sleek, contemporary design' as described. While no interior images of the unit's kitchen or bathroom were provided to assess specific features and condition, the context of a luxury condo-hotel suggests it is move-in ready with well-maintained systems and minimal wear and tear, consistent with hotel-grade upkeep. It is unlikely to be 'Excellent' without explicit mention of a very recent, extensive renovation, but certainly not 'Fair' or lower given its nature.
Year Built
2008
Close
-
List price
$319K
Original List price
$319K
Price/Sqft
$796
HOA
$837
Days on market
-
Sold On
-
MLS number
PTP2505645
Home ConditionGood
Features
Good View: City Lights, Neighborhood, Peek-A-Boo
ViewCity Lights,Neighborhood,Peek-A-Boo
About this home
Hard Rock Hotel San Diego – Unit 1244 | Top-Floor King Suite Facing Petco Park Own a rare piece of the Hard Rock lifestyle with this 12th-floor, top-level King Suite at the iconic Hard Rock Hotel in the heart of San Diego’s Gaslamp Quarter. Unit 1244 offers sleek, contemporary design and premium city-facing views directly toward Petco Park and so much more! Enjoy a vibrant location just steps from the Convention Center, San Diego Bay, award-winning restaurants, nightlife, and live entertainment. As an owner, you'll receive exclusive perks including access to the Green Room Hospitality Lounge, complimentary valet parking during your stays, concierge services, and invitations to private events. This is a condo-hotel: owners may use the unit up to 28 days per year and benefit from revenue-sharing through the on-site rental management program the rest of the time. Cash-only purchase. Full-time occupancy is not permitted.
Condition Rating
Good
The property was built in 2008, making it 16 years old, which falls within the 'Good' condition criteria for age. As a unit within the Hard Rock Hotel, it is expected to be professionally managed and maintained to a high standard, featuring a 'sleek, contemporary design' as described. While no interior images of the unit's kitchen or bathroom were provided to assess specific features and condition, the context of a luxury condo-hotel suggests it is move-in ready with well-maintained systems and minimal wear and tear, consistent with hotel-grade upkeep. It is unlikely to be 'Excellent' without explicit mention of a very recent, extensive renovation, but certainly not 'Fair' or lower given its nature.
Pros & Cons
Pros
Unbeatable Location: Situated in the vibrant Gaslamp Quarter, this unit is steps away from major attractions including Petco Park, the Convention Center, San Diego Bay, and a plethora of renowned dining and entertainment options.
Premium Views & Top Floor: As a top-floor King Suite, the property offers direct, premium city-facing views of Petco Park, providing an exclusive and desirable vantage point.
Luxury Hotel Amenities & Perks: Owners benefit from exclusive Hard Rock Hotel amenities, including access to the Green Room Hospitality Lounge, complimentary valet parking during stays, concierge services, and invitations to private events.
Investment Opportunity: Operating as a condo-hotel, the property offers revenue-sharing potential through an on-site rental management program, making it an attractive income-generating asset.
Contemporary Design: The unit features a sleek, contemporary design within the iconic Hard Rock Hotel, appealing to modern tastes and offering a stylish living experience.
Cons
Limited Owner Occupancy: The condo-hotel model restricts personal use to a maximum of 28 days per year, making it unsuitable for full-time residency or extended personal stays.
Cash-Only Transaction: The requirement for a cash-only purchase significantly narrows the potential buyer pool, excluding those who rely on traditional mortgage financing.
High Monthly Association Fees: The substantial monthly association fee of $837.00 for a 401 sqft unit is considerably high, impacting the overall cost of ownership and potential investment returns.