
San Diego, California 92101
This property presents a Strong Value Opportunity with a List Price of $215,000—positioned well below the $231,621 Fair Market Value by 7%. This valuation gap offers $16,621 in Instant Equity. Featuring a Good Condition Rating, this turnkey condo-hotel unit in the Gaslamp Quarter offers a panoramic city lights view, pool, and spa access. It is a hands-off asset ideal for Buy-and-Hold Investors or 1031 exchange buyers seeking immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 5th Avenue 444 Subject | $215,000* List Price | 1 | 1 | 431 | $499 | - |
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 Avenue 642 Active | $240,000 List Price | 1 | 1 | 431 | $557 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property is approximately 16-18 years old, placing it squarely in the 'Good' category. The unit is well-maintained and functional, featuring modern hotel-style finishes, a walk-in glass shower with rainfall head, and updated multimedia systems. As a condo-hotel unit, it is move-in ready and professionally managed, showing no signs of deferred maintenance.
Ideally situated in the heart of the Gaslamp Quarter near Petco Park and the Convention Center, offering direct access to the hotel's premium amenities including the pool, spa, and rooftop bar.
This is a fully furnished, 'hands-off' investment where the hotel handles all bookings, advertising, and maintenance, making it an effortless rental property for the owner.
Listed at $215,000, the property offers a low-cost entry point into the San Diego market, priced significantly below its historical sale prices of $275,000 and $445,000.
The monthly association fee of $897 is quite high for a 431-square-foot unit, which can significantly impact the net monthly cash flow for investors.
Owner usage is strictly limited to 28 days per year, making this property unsuitable for those seeking a primary residence or a traditional second home.
Amazing price and rarely available 4th floor unit which gives you direct access to panoramic views plus all the action at the pool, spa, cabanas, and San Diego's best rooftop bar. This is a true hands off real estate investment opportunity. Plus you can get treated like Rock Star Royalty thanks to a private concierge as an owner at the iconic and ideally situated Hard Rock Hotel in the Gaslamp near the Convention Center and Comic Con. Make some great income without the hassle of being a landlord. Collect monthly income and let the Hard Rock handle all the guest bookings, advertising, room cleanings, etc. All furnishings included so you are up and running and ready for guests as soon as escrow closes. Enjoy the benefit of staying yourself or your friends up to 28 days per year. Easily walk to the pool on the same floor so you have the best access. Gaslamp, Petco Park, Comic-con, Seaport Village, world-famous Nobu Restaurant, Rady Shell, and more are all at your doorstep. Perks include 24 hour access to the business center, concierge, and gym(just 1 floor down), fast wi-fi, valet parking, EV charging stations, discounts around town, etc. You and your guests will love staying in your uniquely decorated suite which features a larger floorplan than the studios which includes a separate living area with lounge seating, signature Hard Rock king bed, multi-media system, walk-in glass shower with rainfall showerhead, fully-stocked Minibar, and two 47" flat screen TVs. Great option for a 1031 exchange or your first real estate rental property.
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 | 1.0 | 2.0 |
| Square foot | 431 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $215.0K | $604.2K |
| Price per sq ft | $499 | $618 |
| Built year | 2008 | 1985 |
| HOA | $897.0 | $500 |
| Days on market | 83 | 53 |
May 1, 2026
$215,000
Initial Listing
Dec 30, 2022
$275,000
Public Record
Nov 29, 2007
$445,000
Public Record