702 Ash St San Diego

702 Ash St San Diego

D

, CA 92101

$685,000

Beds

1

Baths

2

Sqft

1,201

Year Built

1929

Days on Market

34

Property Type

Condo

HOA/mo

$1,362.53

MLS ID

260002127SD

Description

MILLS ACT IN PLACE — Significant Property Tax Savings. This exceptional loft-style residence offers dramatic 20-foot ceilings, engineered hardwood floors, and a contemporary open layout flooded with natural light. With no neighbors above or below, the home provides a rare level of privacy and quiet. French doors open to a spacious private terrace with a direct, private entrance, allowing true indoor-outdoor living without the need to access or pass through the building lobby.The kitchen features sleek quartz countertops that complement the modern aesthetic. Set within the iconic and historic El Cortez Building, residents enjoy resort-style amenities including a pool, fitness center, and community deck, where timeless architecture meets modern comfort. A rare opportunity to own a distinctive residence with architectural character, meaningful tax advantages, and the privacy and convenience of its own entrance.

Mortgage Calculator

Est. Monthly Payment

$5,711

Principal & Interest$3,464
Property Tax$685
Insurance$200
HOA$1,363
%($137,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,712
Monthly Cashflow

Rent − PITI − HOA

$-2,999
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,194

Mortgage (P+I)
$3,464
Cap Rate
-1.28%
Cash-on-Cash
-26.27%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$5,711

NOI (Annual)
$-8,761
Price-to-Rent

Lower = better for investors

21.0

* Defaults: 20% down, 6.5% rate, 30yr.

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