207 5th Avenue San Diego, CA 92101

$215,000
1.21
Acres
431
SQFT
499
$/SQFT
$215,000
431   sf
$499 / sf
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Rarely available 4th floor unit which gives you direct access to all the action at the pool, spa, cabanas, and San Diego's best rooftop bar. This is a true hands off investment opportunity with a great cap rate for Southern California. Plus you can get treated like Rock Royalty as an owner by staying yourself or let family and friends enjoy up to 28 days per year at the Hard Rock Hotel in the Gaslamp. Make some great income paid out each month without the hassle of being a landlord. Perfect for 1031 Exchange funds or 1st time real estate investors! Gaslamp, Petco Park, Comic-con, Seaport Village, world-famous Nobu Restaurant, Rady Shell, and more are all at your doorstep. Perks include 24 hour access to the business center, concierge, and gym(just 1 floor down), fast wi-fi, valet parking, EV charging stations, discounts around town, etc. Suite 444 features a separate living area with lounge seating, signature Hard Rock king bed, multi-media system, walk-in glass shower with rainfall showerhead, fully-stocked Minibar, and two 47" flat screen TVs. All furnishings included. Hotel operator takes care of everything for you to ensure consistent bookings and monthly payouts. Cash only purchase and cannot owner occupy more than 28 days per year.

Rarely available 4th floor unit which gives you direct access to all the action at the pool, spa, cabanas, and San Diego's best rooftop bar. This is a true hands off investment opportunity with a great cap rate for Southern California. Plus you can get treated like Rock Royalty as an owner by staying yourself or let family and friends enjoy up to 28 days per year at the Hard Rock Hotel in the Gaslamp. Make some great income paid out each month without the hassle of being a landlord. Perfect for 1031 Exchange funds or 1st time real estate investors! Gaslamp, Petco Park, Comic-con, Seaport Village, world-famous Nobu Restaurant, Rady Shell, and more are all at your doorstep. Perks include 24 hour access to the business center, concierge, and gym(just 1 floor down), fast wi-fi, valet parking, EV charging stations, discounts around town, etc. Suite 444 features a separate living area with lounge seating, signature Hard Rock king bed, multi-media system, walk-in glass shower with rainfall showerhead, fully-stocked Minibar, and two 47" flat screen TVs. All furnishings included. Hotel operator takes care of everything for you to ensure consistent bookings and monthly payouts. Cash only purchase and cannot owner occupy more than 28 days per year.

  • Neighborhood
  • Type
  • County
    San Diego
  • Area
    92101 - San Diego Downtown
  • HOA Dues
    $897/mo
  • Status
    Active
  • Listing #
    NDP2603155
  • Built
    2008
  • Lot Size
    1.21
  • Listed on site
    109 days

Listed by:
Bressi Realty

Source:
CRMLS

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Property details

Community Features

  • Community Pool
  • Community Fitness Room
  • Has HOA
  • Not Age Restricted

Exterior features

  • Pool
  • Pool Below Ground
  • Parking

Interior Features

  • Carpet Floors
  • Elevator

Style

  • Contemporary
  • One Story
  • Three+ Story

Property History

DateDays AgoEventNew Price
Apr 30, 20263 mos agoPrice decreased15,000 (7%)$215,000
Apr 2, 20264 mos agoNew on market$230,000
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