702 Ash St
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702 Ash St #1103

D

San Diego, CA 92101

$999,888
NEW — 3d

Soft Appraisal Value: $999,600 · 0.0% above estimate

Beds

2

Baths

2

Sqft

1,523

Year Built

1929

Days on Market

3

Property Type

Condo

HOA/mo

$1,415

MLS ID

260012038SD

This property is in San Diego (92101). View neighborhood stats →

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About This Property

Bright and airy condo in the iconic El Cortez building! Own a piece of San Diego History! A rare opportunity to own a historically significant property that benefits from reduced property taxes under the Mills Act. San Diego living at its best in this historic, pedestrian-friendly neighborhood, rife with amazing and diverse restaurants, shopping, and nightlife. Walk to Balboa Park, Petco Park, Little Italy and the Gaslamp. Private unit on the 11th floor! Enjoy great natural light and gentle breezes from the unit’s huge windows showcasing views of the bay, city lights and mountains.This spacious two bedroom unit also comes with two designated parking spaces. Enjoy tall ceilings, original penny tile in the guest bathroom and modern fixtures. Secure, gated, pet-friendly building with a pool, spa, fitness center, 2th floor deck with community BBQ. Here’s your chance to own a property on the National Register of Historic Places for its impact on architecture, engineering and construction.

Mortgage Calculator

Est. Monthly Payment

$7,762

Principal & Interest$5,056
Property Tax$1,000
Insurance$292
HOA$1,415
%($199,978)
%

Location

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Investment Score

3D
Est. Monthly Rent
$4,835
Monthly Cashflow

Rent − PITIA

$-2,928
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,873

Mortgage (P+I)
$5,056
Cap Rate
0.22%
Cash-on-Cash
-29.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$11,164

NOI (Annual)
$2,194
Price-to-Rent

Lower = better for investors

17.2

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

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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