702 Ash Street

702 Ash Street #205

D

San Diego, CA 92101

$485,000
NEW — 5d on market

Soft Appraisal Value: $484,800 · 0.0% above estimate

Beds

2

Baths

2

Sqft

1,002

Year Built

1929

Days on Market

5

Property Type

Condo

HOA/mo

$1,333

MLS ID

260006867SD

View on MLS

Description

Located in the historic El Cortez, this 2-bedroom, 2-bath Unit 205 offers classic character with a functional layout in the heart of downtown San Diego. The residence features a spacious living area with natural light, well-sized bedrooms, and two full bathrooms. Blending vintage charm with everyday livability, the unit reflects the architectural significance of this iconic building. El Cortez amenities include pool, spa, fitness center, and controlled access. Conveniently located near Little Italy, Balboa Park, and the Gaslamp Quarter with easy access to dining, shopping, and entertainment. A unique opportunity to own in one of San Diego’s most recognized historic communities.

Mortgage Calculator

Est. Monthly Payment

$4,412

Principal & Interest$2,452
Property Tax$485
Insurance$141
HOA$1,333
%($97,000)
%

Investment Score

2D
Est. Monthly Rent
$3,374
Monthly Cashflow

Rent − PITI − HOA

$-1,037
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,218

Mortgage (P+I)
$2,452
Cap Rate
0.58%
Cash-on-Cash
-27.43%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$6,254

NOI (Annual)
$2,818
Price-to-Rent

Lower = better for investors

12.0

* 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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