207 5th Ave 656, San Diego, California 92101, San Diego, - bed, bath
ACTIVE$299,000
207 5th Ave 656, San Diego, California 92101
1Bed
1Bath
431Sqft
52,618Lot
Year Built
2008
Close
-
List price
$299K
Original List price
$299K
Price/Sqft
-
HOA
$896.6
Days on market
-
Sold On
-
MLS number
240009384SD
Home ConditionGood
Features
Good View:
View-
About this home
CASH ONLY - The Hard Rock Hotel is located in the heart of the Gaslamp District and across the street from the Convention Center. Residence 656 is a one bedroom with one king bed. This property has a separate living room and semi-private bedroom area (with a privacy curtain) and faces north towards downtown. This unique property offers world class service, location and amenities with a great view. Owners may enter these rooms into a rental management program and share the revenue and/or use it for personal use. Unlike traditional rental properties, owners have have more flexibility at the Hard Rock and even have a private owner lounge. You cannot live in these properties.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (269 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 36% |
| Baths | 1 | 2 | 40% |
| Square foot | 431 | 1,046 | 1% |
| Lot Size | 52,618 | 0 | 24% |
| Price | $299K | $675K | 1% |
| Price per square foot | $694 | $695 | 50% |
| Built year | 2008 | 10026003 | 91% |
| HOA | $896.6 | $856 | 54% |
| Days on market | 553 | 173 | 96% |
Condition Rating
Good
The property was built in 2008, which is within 10 to 20 years. The images show a well-maintained unit with modern fixtures in the bathroom and a functional kitchenette. While not newly renovated, the unit appears to be in good condition and move-in ready, with minimal wear and tear.
Pros & Cons
Pros
Prime Location: Located in the heart of the Gaslamp District, across from the Convention Center, offering unparalleled access to entertainment and amenities.
Rental Income Potential: Unique opportunity to participate in a rental management program with revenue sharing and flexible personal use options.
World-Class Amenities: Access to world-class service, amenities, and a private owner's lounge within the Hard Rock Hotel.
Cons
Cash Only: The property is a cash-only purchase, limiting the pool of potential buyers.
No Residency: The property cannot be used as a primary residence, restricting its appeal to investors or those seeking occasional use.