702 Ash Street
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702 Ash Street #300

C

San Diego, CA 92101

$419,000
NEW — 2d

Soft Appraisal Value: $410,200 · 2.1% above estimate

Beds

1

Baths

1

Sqft

628

Year Built

1929

Days on Market

2

Property Type

Condo

HOA/mo

$1,274

MLS ID

260013859SD

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

Virtual Tour

About This Property

Step back in time in the legendary El Cortez. This Historical Crown Jewel of San Diego was built in 1929 as a prominent hotel. Its Vintage Architecture boasts loads of Art deco charm and has the MILLS ACT dedication. The owner has obtained a MILLS ACT Agreement for this property which offers a HUGE property tax reduction each year. West facing light and Bright with New ceramic tile flooring throughout that fits the 1920's. Beautiful Patio View and Breezes from all windows. All furnishings can stay. So just move right in!

Mortgage Calculator

Est. Monthly Payment

$3,934

Principal & Interest$2,119
Property Tax$419
Insurance$122
HOA$1,274
%($83,800)
%

Location

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Investment Score

27D
Est. Monthly Rent
$2,517
Monthly Cashflow

Rent − PITIA

$-1,417
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,345

Mortgage (P+I)
$2,119
Cap Rate
-0.65%
Cash-on-Cash
-33.58%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$5,562

NOI (Annual)
$-2,713
Price-to-Rent

Lower = better for investors

13.9

* 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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