702 Ash 509, San Diego, California 92101, San Diego, 92101 - 1 bed, 2 bath
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San Diego, California 92101
This Historic Turnkey Residence within the iconic El Cortez landmark is listed at $575,000, positioned closely to its $563,214 Fair Market Value. Boasting a Condition Rating of 3, the home seamlessly blends 1929 architectural details with modernized kitchen finishes, soaring ceilings, and panoramic bay views. A critical financial highlight is the Mills Act Tax Savings, offering the owner significant relief on annual property taxes. Located near top-rated schools like Washington Elementary, this property offers a rare lifestyle of heritage and convenience. It is a premier choice for urban professionals or history-focused homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 Ash 509 Subject | $575,000* List Price | 1 | 2 | 888 | $634 | - |
A 889 Date St 234 Sold | $610,000 | 2 | 2 | 904 | $675 | 0.2 mi |
B 1441 9th Avenue 609 Sold | $500,000 | 1 | 1 | 870 | $575 | 0.1 mi |
C 1494 Union St 908 Sold | $620,000 | 1 | 1 | 873 | $710 | 0.5 mi |
D 1501 India St 608 Sold | $680,000 | 1 | 2 | 1,049 | $648 | 0.6 mi |
E 1050 Island Ave 422 Sold | $580,000 | 1 | 1 | 894 | $649 | 0.7 mi |
F 800 The Mark Ln 1203 Sold | $665,000 | 1 | 1 | 878 | $757 | 0.6 mi |
G 702 Ash St 102 Pending | $659,900 List Price | 1 | 2 | 1,201 | $549 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is in move-in ready condition, successfully blending historic 1929 character with modern updates. The kitchen features contemporary stainless steel appliances, updated stone countertops, and a modern tile backsplash. The unit boasts well-maintained hardwood flooring, updated recessed lighting, and clean, functional bathrooms. While the cabinetry reflects a slightly older renovation style, the overall maintenance and recent aesthetic touches meet the criteria for a high-quality, well-maintained residence.
The property is located within the historic El Cortez building and benefits from the Mills Act, offering the owner significant annual property tax savings.
This west-facing residence captures stunning views of the San Diego Bay and downtown skyline, situated within walking distance of Little Italy, Balboa Park, and the Gaslamp Quarter.
The unit seamlessly blends 1920s architectural details and soaring ceilings with modern upgrades, including a renovated kitchen and a rare two-full-bathroom layout for a one-bedroom home.
The association fee is $1,315.50 per month, which is relatively high for a one-bedroom unit and may affect the debt-to-income ratio for some buyers.
Being a landmark structure built in 1929, the property may have limitations regarding modern infrastructure and strict guidelines for any future renovations or modifications.
Perched within the iconic and highly sought-after El Cortez, this rare west facing one-bedroom, two-bath residence blends timeless character with modern comfort in downtown San Diego. This spacious layout is filled with natural light, soaring ceilings, and classic architectural details that honor the building’s storied heritage, all complemented by captivating views of downtown and the bay. The generously sized primary suite offers a walk in closet and additional storage, along with an en-suite full bathroom. The kitchen features updated countertops and a striking backsplash, adding a vibrant, contemporary touch. The inviting living area provides a functional and comfortable layout ideal for both everyday living and entertaining while a second full bathroom offers added convenience for guests. Custom recessed lighting throughout elevates the space. El Cortez amenities include a pool, fitness center, and the beautifully landscaped gardens that define this landmark property. Located just steps from Balboa Park, Little Italy, and Gaslamp Quarter, this home offers an exceptional blend of historic charm and urban convenience. With the Mills Act in place, this property also offers significant property tax savings. A rare opportunity to own a true piece of San Diego history!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 888 | 1,107 | 32% |
| Lot Size | - | - | 50% |
| Price | $575.0K | $757.0K | 28% |
| Price per sq ft | $648 | $696 | 37% |
| Built year | 1929 | 2004 | 0% |
| HOA | $1315.5 | $897 | 75% |
| Days on market | 5 | 154 | 8% |
Apr 17, 2026
$575,000
Initial Listing
Oct 15, 2009
$193,500
Public Record
Oct 1, 2004
$455,000
Public Record