207 5th Avenue

207 5th Avenue

D

San Diego, CA 92101

$257,000
NEW — 7d on market

Soft Appraisal Value: $366,900 · 30.0% below estimate

Beds

1

Baths

1

Sqft

311

Year Built

2008

Days on Market

7

Property Type

MixedUse

HOA/mo

$771

MLS ID

PTP2602003

Description

Own a top floor condo hotel suite at the iconic Hard Rock Hotel San Diego, located on the 12th floor, the highest floor in the hotel. This premier location offers sweeping views of the San Diego Bay, Coronado Bridge, Coronado Island, and Point Loma, along with San Diego’s magical sunsets and constant bay activity. This bright and inviting suite features 1 King bed and large windows that capture sparkling water views and the vibrant energy of downtown San Diego. From your suite, enjoy a front row perspective of the San Diego 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 is a rare opportunity to own a piece of why San Diego is known as “America’s Finest City.” 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 allows owners to enjoy a luxury downtown retreat without the responsibilities of managing tenants or short term rentals. Ownership at the Hard Rock Hotel includes 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

$2,402

Principal & Interest$1,300
Property Tax$257
Insurance$75
HOA$771
%($51,400)
%

Comparable Properties

2 comps found

This Property

$2,056

vs

Comp Average

$2,521

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

26D
Est. Monthly Rent
$2,056
Monthly Cashflow

Rent − PITI − HOA

$-347
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,034

Mortgage (P+I)
$1,300
Cap Rate
1.24%
Cash-on-Cash
-8.09%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.86
Break-even Rent
$2,403

NOI (Annual)
$3,191
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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