207 5th Avenue, San Diego, California 92101, San Diego, 92101 - 0 bed, 0 bath
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San Diego, California 92101
This Turnkey Condo-Hotel Asset represents a Strong Value Opportunity, listed at $230,000—positioned well below the $247,950 Fair Market Value by 7%. This valuation gap secures $17,950 in Instant Equity for the buyer. Boasting a Good Condition Rating, the 4th-floor suite offers direct access to the luxury pool, spa, and rooftop bar in the heart of the Gaslamp Quarter. With professional management ensuring consistent bookings, this high-demand property is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange buyers seeking passive income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 5th Avenue Subject | $230,000* List Price | 0 | 0 | 431 | $575 | - |
A 207 5th Ave 1250 Sold | $260,000 | 0 | 1 | 431 | $603 | 0.0 mi |
B 207 5th Avenue 838 Sold | $257,000 | 1 | 1 | 431 | $596 | 0.0 mi |
C 207 5th Ave 442 Sold | $230,000 | 1 | 1 | 431 | $534 | 0.0 mi |
D 207 5th Ave 943 Pending | $247,500 List Price | 1 | 1 | 431 | $574 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age bracket for a 'good' rating. The unit is a professionally maintained hotel-condo that appears move-in ready with modern, high-end finishes including a walk-in glass shower with a rainfall showerhead and integrated multi-media systems. While it lacks a full kitchen (featuring a minibar instead, which is standard for this suite type), the furnishings and fixtures are contemporary and well-kept, reflecting the standards of a luxury hotel investment.
Situated in the heart of San Diego's Gaslamp Quarter, the property offers unparalleled proximity to Petco Park, Comic-Con, and world-class dining, ensuring high desirability for visitors.
This is a fully managed, 'hands-off' investment where the hotel operator handles all bookings and maintenance, providing consistent monthly income without the typical burdens of landlording.
As a rare 4th-floor unit, it provides immediate access to the pool, spa, cabanas, and rooftop bar, plus premium perks like 24-hour concierge, gym access, and valet parking.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 431, other record living area = 1122.
The property requires a cash-only purchase, which significantly limits the pool of potential buyers by excluding those who require traditional mortgage financing.
Strict usage rules prevent owners from occupying the unit for more than 28 days per year, making it unsuitable for anyone seeking a primary or permanent secondary residence.
Rarely available 4th floor unit which gives you direct access to all the action at the pool, spa, cabanas, and San Diego's best rooftop bar. This is a true hands off investment opportunity with a great cap rate for Southern California. Plus you can get treated like Rock Royalty as an owner by staying yourself or let family and friends enjoy up to 28 days per year at the Hard Rock Hotel in the Gaslamp. Make some great income paid out each month without the hassle of being a landlord. Perfect for 1031 Exchange funds or 1st time real estate investors! 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. Suite 444 features 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. All furnishings included. Hotel operator takes care of everything for you to ensure consistent bookings and monthly payouts. Cash only purchase and cannot owner occupy more than 28 days per year.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 8% |
| Baths | 0.0 | 2.0 | 0% |
| Square foot | 431 | 1,107 | 2% |
| Lot Size | 52,707.602 | - | 84% |
| Price | $230.0K | $755.1K | 1% |
| Price per sq ft | $534 | $696 | 10% |
| Built year | 2008 | 2004 | 83% |
| HOA | $897.0 | $897 | 50% |
| Days on market | 20 | 154 | 8% |
Apr 2, 2026
$230,000
Initial Listing