207 5th Ave #332
1 / 18

207 5th Ave #332

Atop 10%

San Diego, CA 92101

$199,888
NEW — 6d
STR-eligible · San Diego Tier 3 · TOT 13.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Soft Appraisal Value: $193,900 · 3.1% above estimate

Pass at asking: -$895/mo full cashflow at 20% down, 7.65% rate.

Works at $85,061 (57% under asking), or at 84% down.

Rent $1,788/mo from 61 leases of studio–1 bed condos & townhomes within 0.5 mi ($1,626–$2,057).

Beds

Studio

Baths

1

Sqft

311

Year Built

2008

Days on Market

6

Property Type

Condo

HOA/mo

$713

MLS ID

260024777SD

This property is in San Diego (92101). View neighborhood stats →

About This Property

Schedule your viewing today! High income producing unit #332. 1099 grosses $29-32k/year returning 6.4-7.6% CAP not including appreciation. This beats most other investments and is truly passive. Perfect 1031 for cashflow. Owner has not had to respond to a single email in years. Much more passive than Airbnb. Opportunity & Luxury in the heart of the iconic Gaslamp Quarter! Enjoy ownership at the esteemed Hard Rock Hotel, situated in one of the most dynamic and entertaining destinations in the world! With up to 28 days of personal use annually, enjoy breathtaking city and harbor views from this fully furnished one-bedroom sanctuary. Beyond its lifestyle appeal, this property offers prime amenities and a strategic location, making it an attractive investment for rental. Own a piece of the Hard Rock! Don't miss out on this opportunity to elevate your lifestyle and secure a smart investment.

Mortgage Calculator

Est. Monthly Payment

$2,106

Principal & Interest$1,135
Property Tax$200
Insurance$58
HOA$713
%($39,978)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Perkins K-8 · grades PK-8 · San Diego Unified

  • Middle

    Logan Memorial Educational Campus · grades PK-12 · San Diego Unified

  • High

    Logan Memorial Educational Campus · grades PK-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

55A
Est. Monthly Rent
$1,788

61 leases of studio–1 bed condos & townhomes within 0.5 mi · $1,626–$2,057

Monthly Cashflow

Rent − PITIA

-$317
Full Cashflow

Incl. vacancy, PM, maint, capex

-$895

What would make this work?

$895/mo short at 20% down; 84% down or +$1,163/mo rent closes it.

Break-even price

57% under asking

$85,061
Break-even rent

$1,163/mo above the estimate

$2,951/mo
Cashflow at 35% down
−$683/mo
Down payment to break even

$167,906 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,135
Cap Rate
1.44%
Cash-on-Cash
-26.87%
DSCR

Need ≥ 1.25 for DSCR loan

0.85

NOI (Annual)
$2,872
Price-to-Rent

Lower = better for investors

9.3

* Modelled at 20% down, 7.65% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
ACashflow−$895/mo