207 5th Avenue
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207 5th Avenue #642

C

San Diego, CA 92101

$240,000
NEW — 0d

Beds

1

Baths

1

Sqft

431

Year Built

2008

Days on Market

0

Property Type

Condo

HOA/mo

$896

MLS ID

PTP2603335

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

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About This Property

Own a beautifully appointed 1 bedroom condo hotel suite at the iconic Hard Rock Hotel San Diego, ideally situated on the 6th floor in the heart of downtown. This inviting residence offers a comfortable and functional layout, making it an excellent opportunity for both personal use and investment. The suite features a spacious king bedroom and a thoughtfully designed living area that creates a welcoming retreat for owners and guests alike. Whether you are visiting for a relaxing getaway or enjoying the energy of downtown events, this residence delivers a true luxury hospitality experience. Located in the vibrant Gaslamp Quarter, you are just steps from Petco Park, the San Diego Convention Center, and the San Diego Bay waterfront. Enjoy immediate access to top rated restaurants, nightlife, shopping, and entertainment, all within walking distance. This property is part of a condo hotel ownership program. Owners may personally use the suite for up to 28 days per year, while the on site professional hotel management team handles all reservations, guest services, and maintenance for the remainder of the year. This provides a seamless, hands off ownership experience with the added benefit of potential rental income, without the responsibility of managing tenants or short term rentals. Ownership includes exclusive Hard Rock perks such as access to the Green Room Hospitality Lounge, complimentary valet parking during owner stays, concierge services, and invitations to private owner events, enhancing both convenience and lifestyle. This is a unique opportunity to own within a globally recognized destination in an unbeatable downtown location, offering a blend of lifestyle and investment potential. Cash purchase required. Full time occupancy is not permitted. Unit is sold fully furnished. Priced to sell. Great 1031 Exchange opportunity.

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Est. Monthly Payment

$2,420

Principal & Interest$1,214
Property Tax$240
Insurance$70
HOA$896
%($48,000)
%

Location

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Investment Score

36C
Est. Monthly Rent
$1,560
Monthly Cashflow

Rent − PITIA

$-860
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,418

Mortgage (P+I)
$1,214
Cap Rate
-1.02%
Cash-on-Cash
-35.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$3,402

NOI (Annual)
$-2,458
Price-to-Rent

Lower = better for investors

12.8

* 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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