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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

$850,000

Est. payment - /mo

1 Bed

1 Bath

994 SqFt

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 994 sqft

Price per Sqft $855

Subdivision Downtown

MLS Listing ID 250018805SD

Bedrooms 1

Full Baths 1

Construction Status Turnkey

HOA Fees $837/mo

HOA Y/N Yes

Year Built 2008

Lot Size 1.208 Acres

Property Sub-Type Condominium

Property Description

Here's your chance to own a one of a kind unit in the Hard Rock Hotel. This is not just an ordinary Hard Rock Unit. This is one of the best units possible, a status symbol, a 994-square-foot suite that has never been listed since it was sold by the developers back in 2008. It's unlikely that anything superior will ever come up for sale again. You are looking at a 994-square-foot Multi-Platinum Rock Star Suite which leads to a massive 835-square-foot 11th-floor terrace out front, looking over all the beauty the Gaslamp City lights deliver. This unit has a living room and dining area for six, two flat-screen TVs, a multi-media system with HDMI access, and a fully stocked mini-bar. Becoming part of the Rock Royalty family includes shared rental income, valet service, dedicated staff for owners, private owner lounge, pool/spa, fitness center, outdoor bar, fire pit, and meeting rooms. You, your family, or friends can enjoy the room 28 nights per year. The Hard Rock does all the work, and you collect the checks and enjoy the times you want to visit or gift nights to others. Located in the heart of the Gaslamp, walkable to everything, this is one of those unique once-in-a-blue-moon opportunities to add something special to your portfolio without the burden of self-managing. 2024 CAP rate was 6.59% based upon the current list price. Keep in mind, this offering price is 473K LESS than what it sold for in 2008.

Location

State CA

County San Diego

Area 92101 - San Diego Downtown

Building/Complex Name HardRock

Zoning COMMERCIAL

Interior

Interior Features Balcony, Furnished, Bar, Bedroom on Main Level

Heating Forced Air, See Remarks

Cooling Central Air

Flooring Carpet, Tile

Fireplace No

Laundry None, See Remarks

Exterior

Parking Features Other

Fence None

Pool Community, Gas Heat, Heated, In Ground, Lap, Association

Community Features Pool

Utilities Available Sewer Connected, Water Available, Water Connected

Amenities Available Electricity, Gas, Maintenance Grounds, Hot Water, Insurance, Maid service, Pool, Guard, Spa/Hot Tub, Security, Trash, Cable TV, Utilities, Water

View Y/N Yes

View Bay, Landmark, Peek-A-Boo

Roof Type See Remarks

Porch Deck

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Turnkey

Others

HOA Name NNJ

HOA Fee Include Sewer

Senior Community No

Tax ID 5353441801

Security Features Carbon Monoxide Detector(s),Fire Detection System,24 Hour Security,Smoke Detector(s),Security Guard

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/snd/250018805

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Listed by Brandon Brown BayBrook Realty #01394509

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Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761 | chris@therealupside.com

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207 5Th Ave #1101 San Diego, CA 92101

Chris Mardelli

Key Details

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207 5Th Ave #1101