207 5th Avenue

207 5th Avenue

D

San Diego, CA 92101

$250,000
NEW — 0d on market

Beds

Baths

Sqft

350

Year Built

2008

Days on Market

0

Property Type

MixedUse

HOA/mo

$771

MLS ID

PTP2601792

Description

Own a **premium 9th floor condo hotel suite at the iconic Hard Rock Hotel San Diego**, featuring beautiful views of the San Diego Convention Center, San Diego Bay, Coronado Bridge, Coronado Island, and Point Loma. This bright and inviting unit includes two queen beds and large windows that capture sparkling water views and the vibrant energy of downtown San Diego. From the suite, enjoy a front row seat to the activity at the Convention Center and the excitement of major events like Comic Con, when the Gaslamp Quarter transforms into one of the most dynamic entertainment destinations in the country. This property is part of a condo hotel ownership program. Owners may personally use the unit up to 28 days per year, while the on site hotel management program rents the suite to hotel guests for the remainder of the year. This provides the opportunity to own a luxury downtown retreat without the responsibilities of managing rentals or tenants. Ownership at the Hard Rock Hotel includes exclusive perks such as **access to the Green Room Hospitality Lounge, complimentary valet parking during owner stays, concierge services, and invitations to private owner events**. Located in the heart of the *Gaslamp Quarter*, the hotel is steps from the San Diego Convention Center, Petco Park, the San Diego Bay waterfront, award winning restaurants, nightlife, and live entertainment. Cash purchase required. Full time occupancy is not permitted. Unit is sold fully furnished.

Mortgage Calculator

Est. Monthly Payment

$2,358

Principal & Interest$1,264
Property Tax$250
Insurance$73
HOA$771
%($50,000)
%

Investment Score

25D
Est. Monthly Rent
$2,000
Monthly Cashflow

Rent − PITI − HOA

$-358
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,026

Mortgage (P+I)
$1,264
Cap Rate
1.14%
Cash-on-Cash
-8.60%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.85
Break-even Rent
$2,358

NOI (Annual)
$2,852
Price-to-Rent

Lower = better for investors

10.4

* Defaults: 20% down, 6.5% rate, 30yr.

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

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