207 5th Avenue

207 5th Avenue

Btop 30%

San Diego, CA 92101

$195,000
NEW — 0d

Pass at asking: -$1,063/mo full cashflow at 20% down, 7.43% rate.

Works at $56,571 (71% under asking), or at 99% down.

Rent $1,861/mo from 53 leases of 1-bed condos & townhomes within 0.5 mi ($1,707–$2,160).

Beds

1

Baths

1

Sqft

337

Year Built

2008

Days on Market

0

Property Type

Condo

HOA/mo

$998

MLS ID

260026537SD

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

About This Property

Enjoy Petco Park views from this ninth-floor Hard Rock Hotel San Diego condo-hotel unit featuring two queen beds and a prime downtown location. Located in the heart of the Gaslamp Quarter, the property offers convenient access to the Convention Center, waterfront, trolley, dining, shopping, and nightlife. Ownership combines limited personal use with participation in the hotel's rental program. Owners may enjoy up to 28 days of personal use annually, subject to program terms, with rental income opportunities when the unit is booked through the hotel. This is not a full-time residence, and rental income is not guaranteed. The hotel is undergoing renovation, with completion estimated for 2028. Ownership combines limited personal use with participation in the hotel's rental program. Owners may enjoy up to 28 days of personal use annually, subject to program terms, with rental income opportunities when the unit is booked through the hotel. This is not a full-time residence, and rental income is not guaranteed. Hotel amenities include a rooftop pool, fitness center, on-site dining, and concierge services. Additional owner privileges may include Rock Royalty access, dining and shopping discounts, priority access, valet parking during owner stays, and invitations to exclusive events, subject to eligibility and current program terms. The hotel is undergoing renovation, with completion estimated for 2028. Buyers should independently verify the renovation scope and timeline, any unit-specific assessments or costs, financing availability, rental-program terms, personal-use restrictions, and included owner benefits.

Mortgage Calculator

Est. Monthly Payment

$2,333

Principal & Interest$1,083
Property Tax$195
Insurance$57
HOA$998
%($39,000)
%
Loan Term

Location

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Investment Score

46B
Est. Monthly Rent
$1,861

53 leases of 1-bed condos & townhomes within 0.5 mi · $1,707–$2,160

Monthly Cashflow

Rent − PITIA

-$472
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,063

What would make this work?

$1,063/mo short at 20% down; 99% down or +$1,380/mo rent closes it.

Break-even price

71% under asking

$56,571
Break-even rent

$1,380/mo above the estimate

$3,241/mo
Cashflow at 35% down
−$860/mo
Down payment to break even

$193,050 cash

99%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,083
Cap Rate
0.70%
Cash-on-Cash
-32.70%
DSCR

Need ≥ 1.25 for DSCR loan

0.80

NOI (Annual)
$1,362
Price-to-Rent

Lower = better for investors

8.7

* Modelled at 20% down, 7.43% 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
BCashflow−$1,063/mo