
San Diego, California 92101
This Iconic Condo-Hotel Investment is a Strong Value Opportunity, listed at $240,000—positioned well below the $255,220 Fair Market Value by 5%. This valuation gap offers $15,220 in Instant Equity. The suite maintains a Good Condition Rating and features a City Lights View in the heart of the Gaslamp Quarter. With professional management handling all operations and proximity to San Diego Unified schools, this turnkey asset is ideal for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a hands-off hospitality acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 5th Avenue 352 Subject | $240,000* List Price | 1 | 0 | 431 | $557 | - |
A 207 5th Ave 943 Sold | $230,000 | 1 | 1 | 431 | $534 | 0.0 mi |
B 207 5th Ave 940 Sold | $260,000 | 1 | 1 | 431 | $603 | 0.0 mi |
C 207 5th Ave 1250 Sold | $260,000 | 0 | 1 | 431 | $603 | 0.0 mi |
D 207 5th Ave 803 Sold | $234,000 | 0 | 1 | 350 | $669 | 0.0 mi |
E 207 5th Avenue 1244 Active | $270,000 List Price | 1 | 1 | 401 | $673 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008 (16 years old), this property falls within the 10-20 year age bracket for 'Good' condition. As a professionally managed condo-hotel suite, the unit and building systems are well-maintained, functional, and move-in ready with modern hospitality-grade finishes.
Situated in the heart of the Gaslamp Quarter, this property offers unparalleled proximity to Petco Park, the Convention Center, and premier nightlife, ensuring high desirability for guests.
The professional on-site management handles all maintenance, reservations, and guest services, providing a seamless, hands-off experience for investors seeking passive income.
Owners enjoy luxury hospitality benefits, including access to the private Green Room lounge, complimentary valet parking, and invitations to exclusive owner events.
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.
Ownership is limited to 28 days of personal occupancy per year, and full-time residency is strictly prohibited, making it unsuitable for primary living.
The property requires a full cash purchase, which limits accessibility for buyers who rely on traditional financing or mortgage leverage.
Own a 1 bedroom condo hotel suite at the iconic Hard Rock Hotel San Diego, ideally located on the 3rd floor in the heart of downtown. This inviting residence offers a comfortable and functional layout, making it an excellent opportunity for both personal use and investment. The suite features a spacious king bedroom and a thoughtfully designed living area that creates a welcoming retreat for owners and guests alike. Whether you are visiting for a relaxing getaway or enjoying the energy of downtown events, this residence delivers a true luxury hospitality experience. Situated in the vibrant Gaslamp Quarter, you are just steps from Petco Park, the San Diego Convention Center, and the San Diego Bay waterfront. Enjoy immediate access to top rated restaurants, nightlife, shopping, and entertainment, all within walking distance. This property is part of a condo hotel ownership program. Owners may personally use the suite for up to 28 days per year, while the on site professional hotel management team handles all reservations, guest services, and maintenance for the remainder of the year. This provides a seamless, hands off ownership experience with the added benefit of potential rental income, without the responsibility of managing tenants or short term rentals. Ownership includes exclusive Hard Rock perks such as access to the Green Room Hospitality Lounge, complimentary valet parking during owner stays, concierge services, and invitations to private owner events, enhancing both convenience and lifestyle. This is a unique opportunity to own within a globally recognized destination in an unbeatable downtown location, offering a blend of lifestyle and investment potential. Cash purchase required. Full time occupancy is not permitted. Unit is sold fully furnished. Priced to sell. Great 1031 exchange option.
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 | 0.0 | 2.0 |
| Square foot | 431 | 999 |
| Lot Size | 52,707.602 | 84,697.5 |
| Price | $240.0K | $604.2K |
| Price per sq ft | $557 | $618 |
| Built year | 2008 | 1985 |
| HOA | $896.0 | $500 |
| Days on market | 83 | 53 |
May 1, 2026
$240,000
Initial Listing
Nov 6, 2007
$485,000
Public Record