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Listed by Tony Cannon, DRE #01318292 • Bressi Realty
$215,000
Est. payment /mo
1 Sqft Lot
Price Dropped by $15K
207 5th AVE San Diego, CA 92101
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNDP2603155
Style Contemporary
HOA Fees $897
Year Built 2008
Lot Size 1 Sqft
Source California Regional MLS
Property Description
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.
Location
State CA
County San Diego
Area 92101 - San Diego Downtown
Rooms
Kitchen Refrigerator
Interior
Laundry Community Facility
Exterior
Parking Features Valet Parking, Gate / Door Opener, Underground Parking
Pool Pool - In Ground, Community Facility
View City Lights
Building
Story One Story
Architectural Style Contemporary
Others
Tax ID 5353441917
Special Listing Condition Not Applicable
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