Hard Rock Hotel Condo Resales

Posted on September 23, 2010 | by Denny Oh

I just listed a 10th floor, King studio at the Hard Rock Hotel here in downtown San Diego.  It faces south and overlooks the bay and San Diego Convention Center.  This 10th floor studio is currently the lowest priced condo at the Hard Rock and in my opinion, it has the best view.  Of the 14 active condos for sale at the Hard Rock Hotel, unit 1006 is the only south facing condo – which means it’s the only one with a water view!

Aside from the 14 active listings, there’s one in “contingent” status and one that’s “pending.”  Ten condos at the Hard Rock have sold in the last two-plus years and all(aside from a few developer sales) have either been short sales or REOs.  Considering that these condos were selling for about $400–500K, or more, it’s easy to see why there are so many short sales.  With that said, it also makes sense why so many people are trying to buy here now.  At $160–240K(the most recent sale prices), these Hard Rock Hotel condos seem to be a great deal.  To date, I’ve never heard an owner complain about the hotel, except that they paid too much and that they aren’t making enough money on the units.  I haven’t heard anyone say that the hotel isn’t nice, or that the location is bad, or anything else negative – they just bought at a bad time and the economy is terrible.

I’m still trying to get into the condo to take some pictures, but (un)fortunately, it’s been rented for the past several days and is booked through the weekend.  Stay tuned for more info.

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If you’re looking to buy at the Hard Rock, please contact Denny Oh at 858–243–2092 or [email protected].  More info is available upon request.

Click here to see what’s for sale at the Hard Rock Hotel.

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2 Comments

  1. Ed pace says:

    I need more info on tenth floor studio and 801 one bedroom, and what is auction going to do to the prices, higher or lower

    Ed pace

  2. Denny Oh says:

    Ed – this is a post from 2010. I’ll email you some more info though.