
801 Ash St. #1701
Ctop 80%San Diego, CA 92101
155 licensed short-term rentals within ½ mile (122 whole home), from the cities' license and permit lists of Nov 9, 2026.
No unit in this 67-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$3,835/mo full cashflow at 20% down, 7.43% rate.
Works at $259,628 (66% under asking), or at 93% down.
Rent $4,039/mo from 3 leases in this building ($3,849–$4,058).
Beds
2
Baths
2
Sqft
1,217
Year Built
2006
Days on Market
47
Property Type
Condo
HOA/mo
$1,115.7
MLS ID
260023343SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
EXCEPTIONAL VALUE AT A NEWLY OFFERED $759,000!!!! Photographs only tell part of the story. The true scale and depth of these panoramic views are impossible to appreciate until experienced in person. Located in Cortez Blu, this 2-bedroom, 2-bath residence in Downtown San Diego's Cortez Hill neighborhood offers 1,217 square feet with some of the finest panoramic views in Downtown San Diego. Floor-to-ceiling windows frame a sweeping 180-degree panorama from the Coronado Bridge and Coronado Islands across the downtown skyline and San Diego Bay to the Pacific Ocean and sunsets over Point Loma. To the north, Balboa Park unfolds beneath the skyline, anchored by the iconic blue-and-gold tiled California Tower. Inside, new luxury vinyl plank flooring, exposed architectural concrete walls and ceilings, a neutral interior ready for your personal vision, and a brand-new, never-used oven/range and microwave create a refined industrial aesthetic with room to make it your own. A spacious balcony off the living room and a private balcony off the primary suite offer two outdoor spaces to enjoy the views. Cortez Hill is known for its peaceful residential character and commanding views over Downtown San Diego, offering a unique balance of tranquility and urban convenience. Residences with views this expansive, this much living space, and this level of value seldom come to market. Thoughtfully priced, this home delivers a luxury lifestyle without the luxury price tag—making it one of Downtown San Diego's most compelling values.
Mortgage Calculator
Est. Monthly Payment
$6,313
Location
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Zoned Schools
Elementary
Washington Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$4,039
Comp Average
$5,384
700 E St
2bd / 1.5ba · 1,204 sqft · Condo
$745K
Est. $5,975/mo
510 1st Ave
2bd / 2ba · 1,245 sqft · Condo
$799K
Est. $6,269/mo
510 1st Ave
2bd / 2ba · 1,209 sqft · Condo
$825K
Est. $6,141/mo
800 The Mark Lane
2bd / 2ba · 1,228 sqft · Condo
$850K
Est. $4,552/mo
1025 Island Ave
2bd / 2ba · 1,217 sqft · Condo
$915K
Est. $3,985/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
3 leases in this building · $3,849–$4,058
Thin data: only 3 leases behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,835/mo short at 20% down; 93% down or +$4,980/mo rent closes it.
- Break-even price
- $259,628
- Break-even rent
- $9,019/mo
- Cashflow at 35% down
- −$3,044/mo
- Down payment to break even
- 93%
- Rate to break even
- Not reachable
66% under asking
$4,980/mo above the estimate
$705,870 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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