702 Ash St 201, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
ACTIVE UNDER CONTRACT$399,000
702 Ash St 201, San Diego, California 92101
1Bed
1Bath
685Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Historic Significance & Mills Act: The property is located within the historic and iconic El Cortez building, benefiting from the Mills Act which provides a substantially lower property tax rate due to its historical significance.
Top Cons:
High Monthly Association Fee: The association fee of $1,081.00 per month is substantial and represents a significant ongoing cost for ownership.
Compared to the nearby listings
Price:$399.0K vs avg $692.5K ($-293,500)8%
Size:685 sqft vs avg 1,046 sqft21%
Price/sqft:$582 vs avg $69414%
More Insights
Built in 1927 (98 years old).
Condition: Despite being in a historic building from 1927, the unit has undergone a very recent and extensive renovation. The description explicitly states 'a new look and fresh paint just completed in January 2025!' (likely a typo for 2024, indicating brand new condition) and features a 'gorgeous granite and stainless kitchen with under cabinet lighting.' The images confirm modern stainless steel appliances, new white shaker-style cabinets, and granite countertops in the kitchen. The bathroom, while described as 'classic subway tile,' appears impeccably clean and recently updated with new tiling and fixtures. All visible components, including flooring and paint, are in excellent, virtually new condition, meeting current quality standards.
Year Built
1927
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$582
HOA
$1,081
Days on market
-
Sold On
-
MLS number
250000937SD
Home ConditionExcellent
Features
Pool
Patio
View-
About this home
West facing one bedroom on the terrace level of the historic and iconic El Cortez! Priced for immediate action. A new look and fresh paint just completed in January 2025! The Mills Act for historically significant properties in place for a substantially lower property tax rate. Gorgeous granite and stainless kitchen with under cabinet lighting. Beautiful floor to ceiling windows fill the space with natural light....large bedroom with ample closet storage & classic subway tile bath. Complex features a stunning lobby, well equipped gym, outdoor pool, full elevator access, gated garage with one space. Re-write your own history and become a resident of this storied San Diego landmark!
Nearby schools
5/10
Washington Elementary School
Public,•K-5•0.6mi
5/10
Roosevelt International Middle School
Public,•6-8•1.5mi
Condition Rating
Excellent
Despite being in a historic building from 1927, the unit has undergone a very recent and extensive renovation. The description explicitly states 'a new look and fresh paint just completed in January 2025!' (likely a typo for 2024, indicating brand new condition) and features a 'gorgeous granite and stainless kitchen with under cabinet lighting.' The images confirm modern stainless steel appliances, new white shaker-style cabinets, and granite countertops in the kitchen. The bathroom, while described as 'classic subway tile,' appears impeccably clean and recently updated with new tiling and fixtures. All visible components, including flooring and paint, are in excellent, virtually new condition, meeting current quality standards.
Pros & Cons
Pros
Historic Significance & Mills Act: The property is located within the historic and iconic El Cortez building, benefiting from the Mills Act which provides a substantially lower property tax rate due to its historical significance.
Prime Downtown Location: Situated in Downtown San Diego (92101), offering desirable urban living with convenient access to city amenities, entertainment, and dining.
Modernized Interior & Kitchen: Features a recently completed 'new look and fresh paint' (January 2025, likely a typo for 2024) and a 'gorgeous granite and stainless kitchen with under cabinet lighting', providing contemporary comfort and style.
Extensive Building Amenities: Residents have access to a stunning lobby, well-equipped gym, outdoor pool, full elevator access, and a gated garage with one dedicated parking space, enhancing the living experience.
Abundant Natural Light: Beautiful floor-to-ceiling windows and a west-facing orientation ensure the space is filled with natural light, creating a bright and inviting atmosphere.
Cons
High Monthly Association Fee: The association fee of $1,081.00 per month is substantial and represents a significant ongoing cost for ownership.
Compact Square Footage: With 685 sqft for a one-bedroom unit, the living space is relatively compact, which may limit flexibility for larger furniture or entertaining.
Terrace Level Location: Being on the 'terrace level' could potentially expose the unit to more street-level noise or reduce privacy compared to units on higher floors, despite its west-facing aspect.