
702 Ash St #1103
DSan Diego, CA 92101
Soft Appraisal Value: $1,032,600 · 2.7% above estimate
Beds
2
Baths
2
Sqft
1,523
Year Built
1927
Days on Market
3
Property Type
Condo
HOA/mo
$1,415
MLS ID
260013655SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Welcome to an exceptional opportunity to own a distinguished residence within the historic El Cortez, one of San Diego's most celebrated architectural landmarks. Designated under the Mills Act, this property offers significant property tax savings while preserving the timeless elegance and prestige of a truly iconic address. Boasting the largest two-bedroom floor plan in the building, this expansive residence seamlessly blends historic character with modern sophistication. Rich hardwood flooring flows throughout the living spaces, complemented by custom tile finishes in the bathrooms. The thoughtfully renovated open-concept kitchen features luxurious marble countertops, stainless steel appliances, a built-in wine refrigerator, custom cabinetry, and a dramatic hand-carved stone basin sink that serves as both a functional centerpiece and a work of art. Grand historic windows flood the home with natural light, highlighting soaring 10-foot ceilings and a vaulted ceiling in the primary suite, creating a sense of volume and architectural distinction rarely found in downtown living. Residents enjoy access to an expansive terrace retreat, ideal for entertaining, outdoor dining, or simply relaxing while taking in breathtaking views of the downtown skyline. Additional conveniences include a dedicated utility and laundry room with a full-size washer and dryer, as well as access to supplemental laundry facilities on the same floor. Included are two deeded, premium-positioned parking spaces within the secure underground garage, along with access to electric vehicle charging stations Smart parcel lockers provide secure package management with real-time delivery notifications for added convenience. The El Cortez offers an impressive collection of resort-style amenities, including a sparkling pool, a well-appointed fitness center, and professional on-site management. Just steps away, residents enjoy a curated selection of neighborhood favorites, including a gourmet market, artisan coffee shop, Italian café, and yoga studio. Perfectly positioned in the heart of San Diego, this coveted residence is moments from Balboa Park, Little Italy, Petco Park, the Gaslamp Quarter, Seaport Village, and some of the city's finest dining, shopping, cultural attractions, and entertainment venues. Rich in history and renowned for hosting presidents, celebrities, and notable dignitaries, the El Cortez represents a rare blend of heritage, luxury, and urban sophistication. Opportunities to acquire a residence of this caliber within one of San Diego's most iconic buildings are exceptionally rare. Owner Offering Assumable Martgage under 3%.
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Est. Monthly Payment
$8,144
Location
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Comparable Properties
5 comps foundThis Property
$4,835
Comp Average
$3,534
1225 Island Ave
2bd / 2ba · 1,111 sqft · Condo
$657K
Est. $3,494/mo
530 K St
2bd / 2ba · 910 sqft · Condo
$645K
Est. $3,417/mo
445 Island Avenue
2bd / 2ba · 941 sqft · Condo
$659K
Est. $3,460/mo
350 11th Ave.
1bd / 1ba · 1,018 sqft · Condo
$675K
Est. $3,519/mo
510 1st Ave
1bd / 2ba · 1,036 sqft · Condo
$659K
Est. $3,778/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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