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

207 5th Avenue 442, San Diego, California 92101 home-pic-0
ACTIVE$269,000
207 5th Avenue 442, San Diego, California 92101
1Bed
1Bath
431Sqft
52,272Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the iconic Gaslamp District, steps from the Convention Center, Petco Park, and a wealth of dining and entertainment options, offering unparalleled access to San Diego's vibrant core.
Top Cons:
Limited Personal Occupancy: Owners are restricted to 28 days of personal use annually and cannot use the property as a full-time residence, limiting its utility for those seeking a primary home.

Compared to the nearby listings

Price:$269.0K vs avg $692.5K ($-423,500)1%
Size:431 sqft vs avg 1,046 sqft2%
Price/sqft:$624 vs avg $69425%

More Insights

Built in 2008 (17 years old).
Condition: The property was built in 2008, placing it within the 'Good' category's age range (10-20 years). The images show a very well-maintained unit with modern finishes, including a contemporary kitchenette with stainless steel appliances and dark cabinetry, and a stylish, updated bathroom featuring a vessel sink, modern vanity, and tiled shower/tub. The flooring is a dark laminate/engineered wood throughout, and light fixtures are current. As a condo-hotel unit, it appears to benefit from consistent professional upkeep, presenting as move-in ready with minimal wear and tear.
Year Built
2008
Close
-
List price
$269K
Original List price
$273K
Price/Sqft
$624
HOA
$896
Days on market
-
Sold On
-
MLS number
PTP2402337
Home ConditionGood
Features
Good View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

The Iconic Hard Rock Hotel is located at the heart of San Diego’s Gaslamp District and steps from the Convention Center. San Diego continues to be among the top 5 destinations in the US, and now is a great time to own a unique part of America’s Finest City! Ownership (“Rock Royalty”) has many reasons to own including concierge services, private owner lounge (“Green Room Hospitality”), complimentary valet parking during your stay and so much more. Located immediately adjacent to Petco Park home of the Padres, Dining, The Shell (music venue), Balboa Park/Zoo, San Diego Bay, Coronado, sailing, watersports and the Airport. This 4th floor unit is a 1 bedroom unit; living space, bathroom with a king suite and PRICED TO MOVE QUICKLY, don't miss this opportunity. Ownership is easy and flexible. Hard Rock San Diego is a condo hotel, and you may not live in this property. Owners may enter their unit in the rental management program and share the revenue, and use it for personal use. Owners get 28 days a year to use their condo. Cash only

Condition Rating
Good
The property was built in 2008, placing it within the 'Good' category's age range (10-20 years). The images show a very well-maintained unit with modern finishes, including a contemporary kitchenette with stainless steel appliances and dark cabinetry, and a stylish, updated bathroom featuring a vessel sink, modern vanity, and tiled shower/tub. The flooring is a dark laminate/engineered wood throughout, and light fixtures are current. As a condo-hotel unit, it appears to benefit from consistent professional upkeep, presenting as move-in ready with minimal wear and tear.
Pros & Cons

Pros

Prime Downtown Location: Situated in the iconic Gaslamp District, steps from the Convention Center, Petco Park, and a wealth of dining and entertainment options, offering unparalleled access to San Diego's vibrant core.
Luxury Hotel Amenities: Owners ('Rock Royalty') benefit from premium services including concierge, a private owner lounge ('Green Room Hospitality'), and complimentary valet parking during stays, enhancing the ownership experience.
Income-Generating Opportunity: The property can be entered into a rental management program, offering owners a share of revenue when not in personal use, providing potential for passive income.
Priced Competitively: Explicitly stated as 'PRICED TO MOVE QUICKLY,' indicating a potentially attractive entry point for a property in a high-demand, top-tier destination like San Diego.
Desirable City Lights View: The unit offers an appealing 'City Lights' view, adding to its aesthetic value and desirability.

Cons

Limited Personal Occupancy: Owners are restricted to 28 days of personal use annually and cannot use the property as a full-time residence, limiting its utility for those seeking a primary home.
Cash-Only Transaction: The requirement for a cash purchase significantly narrows the buyer pool and excludes those reliant on traditional mortgage financing.
High Monthly Association Fees: The $896.0 monthly association fee is substantial, especially for a 431 sqft unit, impacting overall ownership costs and potential return on investment.

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