702 Ash St 301, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
ACTIVE$450,000
702 Ash St 301, 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 in the historic and iconic El Cortez building, benefiting from the Mills Act which provides a substantially lower property tax rate (currently $1800/year), offering significant long-term financial savings.
Top Cons:
High Association Fee: The monthly association fee of $1081.0 is substantial and could be a significant ongoing cost for potential buyers, impacting affordability.
Compared to the nearby listings
Price:$450.0K vs avg $692.5K ($-242,500)16%
Size:685 sqft vs avg 1,046 sqft21%
Price/sqft:$657 vs avg $69438%
More Insights
Built in 1927 (98 years old).
Condition: Despite the 1927 build year, this unit has undergone a very recent and extensive renovation, aligning with the 'extensively renovated within 5 years' criterion. The kitchen boasts newer quartz countertops, updated stainless steel appliances, and a new sink/faucet, all in pristine, modern condition. The bathroom, featuring 'vintage-look tile,' is also clearly updated with modern fixtures and appears immaculate. Luxury vinyl plank flooring, new baseboards, crown molding, and updated windows with plantation shutters contribute to a virtually new interior. All visible components meet current quality standards with no signs of wear or deferred maintenance, making it move-in ready with a high-end finish. The only minor consideration is the lack of central cooling, but the overall interior condition is outstanding.
Year Built
1927
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$657
HOA
$1,081
Days on market
-
Sold On
-
MLS number
250031794SD
Home ConditionExcellent
Features
Pool
View-
About this home
West facing one bedroom in the historic and iconic El Cortez! The Mills Act for historically significant properties in place for a substantially lower property tax rate. (currently $1800/year) Gorgeous newer quartz counter kitchen with updated stainless appliances, new sink and faucet. Beautiful oversized windows (with all new balance mechanisms!!) fill the space with natural light & have plantation shutters ....Large bedroom with ample closet storage. Crown molding throughout. Wonderful vintage-look tile bathroom features heavy duty Kohler mirror-chrome towel bars that double as grab handles for safety!!. Richly colored luxury vinyl plank flooring throughout...no carpet! All new baseboards. 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 the 1927 build year, this unit has undergone a very recent and extensive renovation, aligning with the 'extensively renovated within 5 years' criterion. The kitchen boasts newer quartz countertops, updated stainless steel appliances, and a new sink/faucet, all in pristine, modern condition. The bathroom, featuring 'vintage-look tile,' is also clearly updated with modern fixtures and appears immaculate. Luxury vinyl plank flooring, new baseboards, crown molding, and updated windows with plantation shutters contribute to a virtually new interior. All visible components meet current quality standards with no signs of wear or deferred maintenance, making it move-in ready with a high-end finish. The only minor consideration is the lack of central cooling, but the overall interior condition is outstanding.
Pros & Cons
Pros
Historic Significance & Mills Act: The property is located in the historic and iconic El Cortez building, benefiting from the Mills Act which provides a substantially lower property tax rate (currently $1800/year), offering significant long-term financial savings.
Extensive Interior Renovation: The unit features a gorgeous newer quartz counter kitchen with updated stainless appliances, new sink and faucet, luxury vinyl plank flooring, new baseboards, crown molding, and an updated vintage-look tile bathroom, making it move-in ready.
Comprehensive Building Amenities: Residents have access to a stunning lobby, a well-equipped gym, an outdoor pool, full elevator access, and a gated garage with one dedicated parking space, enhancing lifestyle and convenience.
Abundant Natural Light: Beautiful oversized, west-facing windows with new balance mechanisms and plantation shutters fill the space with natural light, creating a bright and inviting atmosphere.
Prime Downtown Location: Situated in Downtown San Diego, the property offers excellent walkability and convenient access to urban amenities, dining, entertainment, and public transportation.
Cons
High Association Fee: The monthly association fee of $1081.0 is substantial and could be a significant ongoing cost for potential buyers, impacting affordability.
Compact Unit Size: With 685 square feet for a one-bedroom unit, the property may be considered compact by some buyers, potentially limiting its appeal to those seeking more spacious living areas.
Lack of Central Cooling: The property description does not mention a cooling system (e.g., central air conditioning), which could be a drawback for comfort during warmer periods, especially for a west-facing unit.