MARTI KILBY,  CRS


Direct: 619-846-9249 |

Downtown San Diego


In the last 30 years, downtown San Diego has undergone a huge transformation from a dull city center where people worked during the day, but deserted at night, to a vibrant destination that attracts people from all over the world. Downtown San Diego today is home to hundreds of restaurants, night clubs and shops that have made it not only an exciting place to visit, but a place thousands now call home. With this return to urban living several very distinct neighborhoods have grown, including the Gaslamp Quarter, East Village, Little Italy, Marina District, Cortez Hill and Columbia. Most all downtown living is in newer condominiums or refurbished older buildings.

Downtown San Diego

207 5Th Ave #1201
Metro Central San Diego 92101

$640,000
Residential beds: 1 baths: 1.0 659 sq. ft. built: 2008

Main Photo: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 1: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 2: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 3: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 4: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 5: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 6: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 7: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 8: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 9: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 10: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 11: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 12: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 13: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 14: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Photo 15: DOWNTOWN Condo for sale : 1 bedrooms : 207 5Th Ave #1201 in San Diego
Status:
Active
Prop. Type:
Residential
MLS® Num:
190055483
Bedrooms:
1
Bathrooms:
1
Year Built:
2008
Very few of these exist and even fewer come to market. This Penthouse Rockstar Gold Suite is 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 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. Priced based on a 5 Cap for the last 12 months (July 2018 - Aug 2019)
Total Floor Area:
659 sq. ft.
Price Per SqFt:
971.17
Lot Size:
0 (Common Interest)
Lot Size:
1.21 acre(s)
Total Bedrooms:
1
Optional Bedrooms:
0
Bedrooms:
1
Bathrooms:
1.0
Full Bathrooms:
1
Half Bathrooms:
0
Fireplaces:
0
Fireplace Details:
Bath
Residential Style:
All Other Attached
Stories:
1 Story
Num Stories:
12
Total Stories:
1
Entry Level Building:
1
Entry Level Unit:
12
Elevator:
Yes
Residential Unit Location:
No Unit Above, Penthouse
Year Built:
2008
Number of Units in Building:
420
Number of Units in Complex:
420
Total Parking Spaces:
0
Market Area:
Metro Central
County:
San Diego
Community:
DOWNTOWN
Neighborhood Code:
Gaslamp
Name of Complex/Subdivision:
Hard Rock Hotel
Home Owner Fees:
850.81
Home Owner Fees Include:
Cable/TV Services, Common Area Maintenance, Electricity, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Gated Community, Hot Water, Roof Maintenance, Sewer, Trash Pickup, Water
Home Owner Fees Frequency:
Monthly
Home Owner Total Fees:
10209.72
Mello Roos Fee:
0.0
Other Fees:
0.0
Monthly Total Fees:
851.0
Terms:
Cash
Both 1201 & 1209 units are for sale. They are rented separately or together by the Hard Rock. I've sold two HR units recently each at a 5% cap rate. These are priced with that return in mind, even though they are more exclusive. 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.
5th and L street
Floor
Type
Size
Other
-
Master Bedroom
12' × 10'
-
-
Living Room
12' × 10'
-
-
Dining Room
0' × 0'
-
-
Family Room
0' × 0'
-
-
Kitchen
0' × 0'
-
Short Sale:
No
Listing Type:
Exclusive Right (R)
Complex Features:
Concierge, Exercise Room, On-Site Guard, Pool, Spa/Hot Tub, Other/Remarks
Interior Features:
Bathtub, Furnished
Equipment Included:
N/K
Association Amenities:
Banquet Facilities, Pet Rules, Spa, Fire Pit, Security
Directions:
5th Ave - Gaslamp Quarters
View:
Bay, City, Evening Lights, Panoramic, City Lights
Exterior Features:
Other/Remarks
Property Condition:
Updated/Remodeled
Configuration:
Deck
Parcel Number:
535-344-18-22
Heating:
Forced Air Unit
Heating fuel:
Other/Remarks
Cooling:
Central Forced Air
Utilities:
Cable Connected, Electricity Connected
Pool:
Below Ground, Community/Common, Association, Heated
Spa:
Community/Common, Yes
Roof:
Other/Remarks
Rooms:
Bedroom Entry Level
Security:
On Site Guard, 24 Hour Security, Resident Manager
Telecommunications:
Cable (coaxial)
Water supply:
Available
Sewer Septic:
Sewer Connected
Laundry Location:
Other/Remarks
Laundry Utilities:
Other/Remarks
Age Restrictions:
N/K
Sales Restrictions:
Call Agent, Other/Remarks
Garage:
None Known
Total Garage Spaces:
0
Total Non-Garage Spaces:
0
RV Parking:
None Known
Zoning:
COMMERCIAL
Fencing:
Other/Remarks
Topography:
Level
Ownership Type:
Fee Simple
Restrictions:
CC&R's
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Larger map options:
Listed by BayBrook Realty
Data was last updated October 22, 2019 at 07:10 PM (UTC)
Area Statistics
Listings on market:
628
Avg list price:
$550,000
Min list price:
$45,000
Max list price:
$5,250,000
Avg days on market:
48
Min days on market:
2
Max days on market:
1,180
Avg price per sq.ft.:
$556.04
These statistics are generated based on the current listing's property type and located in Metro Central. Average values are derived using median calculations.