207 5th Ave 1101, DOWNTOWN, CA

About 207 5th Ave 1101

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.

Listing Map