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207 5th Avenue 560, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath

207 5th Avenue 560, San Diego, California 92101 home-pic-0
ACTIVE$375,000
207 5th Avenue 560, San Diego, California 92101
1Bed
1Bath
525Sqft
52,707.602Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Unbeatable location in the iconic Hard Rock Hotel, situated in the heart of the Gaslamp Quarter, offering immediate access to Petco Park, the Convention Center, San Diego Bay, and premier dining/entertainment.
Top Cons:
Strict Occupancy Limit: Owners are restricted to a maximum of 28 days of personal use per year, making it unsuitable for full-time residency and primarily an investment property.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this property falls within the 'Good' condition criteria for its age (10-20 years old). As a Hard Rock Hotel suite, it is described as having 'contemporary style and energy,' implying modern and well-maintained interiors, including the kitchen (likely a kitchenette) and bathroom. Hotel properties typically undergo regular upkeep to meet guest expectations, ensuring systems are functional and finishes are current. While no specific renovation date is provided, the overall context suggests it is move-in ready with no immediate renovations required.
Year Built
2008
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$714
HOA
$890
Days on market
-
Sold On
-
MLS number
PTP2508014
Home ConditionGood
Features
Good View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

Own a rare piece of the Hard Rock lifestyle! This coveted corner King Suite is one of only two of its kind per floor, offering 525 sq. ft. of contemporary style and energy. The suite includes a private balcony and is positioned to capture exciting city views of Downtown San Diego. Located in the iconic Hard Rock Hotel in the heart of the Gaslamp Quarter, you’re just steps from Petco Park, the Convention Center, San Diego Bay, and some of the city’s best restaurants, nightlife, and entertainment. As an owner, enjoy exclusive Rock Royalty perks including access to the Green Room Hospitality Lounge, complimentary valet parking during your stays, concierge services, and invites to private events. This is a condo-hotel ownership opportunity — owners may enjoy the unit for up to 28 days per year, with rental income potential through the on-site management program the remainder of the time. Cash-only purchase. Full-time occupancy is not permitted.

Condition Rating
Good
Built in 2008, this property falls within the 'Good' condition criteria for its age (10-20 years old). As a Hard Rock Hotel suite, it is described as having 'contemporary style and energy,' implying modern and well-maintained interiors, including the kitchen (likely a kitchenette) and bathroom. Hotel properties typically undergo regular upkeep to meet guest expectations, ensuring systems are functional and finishes are current. While no specific renovation date is provided, the overall context suggests it is move-in ready with no immediate renovations required.
Pros & Cons

Pros

Prime Downtown Location: Unbeatable location in the iconic Hard Rock Hotel, situated in the heart of the Gaslamp Quarter, offering immediate access to Petco Park, the Convention Center, San Diego Bay, and premier dining/entertainment.
Exclusive Condo-Hotel Perks: Owners enjoy 'Rock Royalty' benefits, including access to the Green Room Hospitality Lounge, complimentary valet parking during stays, concierge services, and invitations to private events, enhancing the luxury experience.
Income-Generating Asset: The property offers significant rental income potential through the on-site management program for the majority of the year, making it an attractive investment opportunity.
Rare Corner Suite: This coveted corner King Suite is one of only two of its kind per floor, providing a unique and exclusive offering with contemporary style and energy.
City Views & Private Balcony: The suite is positioned to capture exciting city views of Downtown San Diego and includes a private balcony, adding desirable outdoor space and aesthetic appeal.

Cons

Strict Occupancy Limit: Owners are restricted to a maximum of 28 days of personal use per year, making it unsuitable for full-time residency and primarily an investment property.
Cash-Only Purchase Requirement: The property requires a cash-only purchase, which significantly limits the potential buyer pool and excludes those reliant on traditional financing.
High Monthly Association Fees: A substantial monthly association fee of $890.0 represents a significant ongoing cost of ownership, which must be factored into the investment analysis.

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