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Community: HARD ROCK ... Listing 1 of 11
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MLS: 190000956     $695,000
1 Beds /1 Baths

207 5TH AVE UNIT 1201 SAN DIEGO CA 92101

MLS: 190000956     $695,000
1 Beds /1 Baths

MLS #:190000956
Status:ACTIVE
List Price:$695,000
Price SQFT:$1,055
HARD ROCK
SAN DIEGO Condos
Beds:1
Baths:1
SqFt:659
Year:2008
Zip:92101
Area: DOWNTOWN SAN DIEGO Condos

 

REMARKS

Very few of these exist and even fewer come to market. Welcome to the Penthouse Rockstar Gold Suite located on top of the Hard Rock Hotel. This unit sold together with unit 1209 (currently for sale as well) for $1, 590, 000 in 2008. Now offered for the first time apart if desired, or buy both to own an ultimate 2 bed, 2 bath penthouse. Great asset to park 1031 money and receive instant cashflow.

Address: 207 5TH AVE UNIT 1201 SAN DIEGO CA 92101

Listing Courtesy of BayBrook Realty

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LISTING DATE:2019-01-04
MONTHLY HOA FEES:$851
HOME OWNER TOTAL FEES:$10,210
HOA FEE INCLUDES:Cable/TV Services, Common Area Maintenance, Electricity, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Gated Community, Hot Water, Roof Maintenance, Sewer, Trash Pickup, Water
SALES RESTRICTIONS:Call Agent, Other/Remarks
COMMUNITY:DOWNTOWN
NEIGHBORHOOD:Gaslamp
COMPLEX:Hard Rock Hotel
UNITS IN COMPLEX:420
COMPLEX FEATURES:Concierge, Exercise Room, On-Site Guard, Pool, Spa/Hot Tub, Other/Remarks
VIEW:Bay, City, Evening Lights, Panoramic, City Lights
POOL:Below Ground, Community/Common, Association, Heated
SPA:Community/Common, Yes
FULL BATHROOMS:1
HALF BATHROOMS:0
# GARAGE SPACES:0
FLOOR NO:12
STORIES:1 Story
STORIES IN BUILDING:12
RESIDENTIAL STYLES:All Other Attached
SUPPLEMENT:Both 1201 & 1209 units are for sale. They are rented separately or together by the Hard Rock. Gross income for this unit was $48, 161, 05 for 2018. Units like these just don't go on the market often if ever at all. Considered one of the top units in the Hard Rock this unit averages higher rents than most all the other units in the building. Excellent corporate opportunity looking to park money, acquire a cap rate and utilize the unit for business, conferences or employee travels. Individual owners can benefit from the same and reap the rewards of always having Comicon accommodations or having the knowledge that you have one of the best units in the entire building. Great 1031 opportunity. Just unit #1201 alone is like owning two HR's but only paying one HOA. Something to consider.

Estimated Monthly Payments


List Price:$695,000
20% Down Payment:$139,000
Loan Amount:$556,000
Loan Type:30 Year Fixed
Interest Rate:4.3 %

Estimated Monthly Payment:

$2,751

Estimate does not include taxes, fees, insurance.

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Property Location: 207 5TH AVE UNIT 1201 SAN DIEGO CA 92101


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Community: HARD ROCK ... Listing 1 of 11
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Last Updated: 2019-08-17