702 Ash Street 300, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
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702 Ash Street 300
San Diego, California 92101
ACTIVE
CONDITION: GOOD
1Beds
1Baths
628Sq Ft
40,043Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$402,700
SUMMARY
This historic El Cortez condominium represents a Strong Value Opportunity, listed at $399,000—positioned well below the $421,712 Fair Market Value by 5%. This valuation gap provides $22,712 in Instant Equity. Featuring a Condition Rating of 3, this turnkey unit includes upgraded appliances and a bonus office space. Residents enjoy premium amenities like a pool and fitness center, plus Mills Act tax benefits. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic, amenity-rich urban lifestyle.
Estimated Market Value
$402,700
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 Ash Street 300 Subject 1 bd · 1 ba · 628 sqft · $641 | $399,000* List Price | 1 | 1 | 628 | $641 | - |
A 889 Date St. 116 Sold 1 bd · 1 ba · 606 sqft · $693 · 0.2 mi | $420,000 | 1 | 1 | 606 | $693 | 0.2 mi |
B 889 Date St 140 Sold 1 bd · 1 ba · 671 sqft · $618 · 0.2 mi | $415,000 | 1 | 1 | 671 | $618 | 0.2 mi |
C 425 W Beech Street 721 Sold 1 bd · 1 ba · 641 sqft · $616 · 0.5 mi | $395,000 | 1 | 1 | 641 | $616 | 0.5 mi |
D 425 W Beech St 107 Sold 1 bd · 1 ba · 628 sqft · $693 · 0.5 mi | $435,000 | 1 | 1 | 628 | $693 | 0.5 mi |
E 1580 Union St 407 Sold 1 bd · 1 ba · 673 sqft · $753 · 0.5 mi | $507,000 | 1 | 1 | 673 | $753 | 0.5 mi |
F 875 G St. 707 Sold 1 bd · 1 ba · 678 sqft · $686 · 0.6 mi | $465,000 | 1 | 1 | 678 | $686 | 0.6 mi |
G 1480 Broadway 2308 Sold 1 bd · 1 ba · 710 sqft · $542 · 0.5 mi | $385,000 | 1 | 1 | 710 | $542 | 0.5 mi |
H 425 W Beech St 336 Sold 1 bd · 1 ba · 749 sqft · $533 · 0.5 mi | $399,000 | 1 | 1 | 749 | $533 | 0.5 mi |
I 1431 Pacific Hwy 104 Pending 1 bd · 1 ba · 619 sqft · $806 · 0.7 mi | $499,000 List Price | 1 | 1 | 619 | $806 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building dates to 1929, the unit is well-maintained and move-in ready. The kitchen features stainless steel appliances and cabinetry that appear to be from a 5-15 year old renovation. The bathroom and flooring are functional and updated, fitting the criteria for a property that is well-maintained but not brand new.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Benefits
The property is eligible for the Mills Act, providing significant property tax savings that help offset the monthly association fees and increase overall affordability.
- Turnkey & Furnished
Offered fully furnished with upgraded appliances and a bonus office space, this unit is an ideal move-in ready second home or an immediate turnkey investment opportunity.
- Historic Iconic Building
Located in the legendary El Cortez, the property offers a unique blend of 1920s historic charm and modern amenities, including EV charging, a fitness center, and a pool.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $1,266.79 is substantial for a one-bedroom unit, which may deter buyers sensitive to high recurring monthly carrying costs.
- Compact Living Space
With only 628 square feet of living area, the unit's small footprint may feel restrictive for full-time residents or those requiring ample storage.
About 702 Ash Street 300
Own a piece of history at the iconic El Cortez! This charming 1BR/1BA is available furnished, making it an effortless move-in as an instant second home or turnkey investment property. It's also eligible for lower property taxes with Mills Act, which helps off set HOA dues! Trendy ceramic tile flooring runs throughout, and the spacious bedroom is complemented by a bonus space, currently used as a mini office. Oversized windows look out over the building's expansive second-floor terrace and welcome in a refreshing Bay breeze throughout the home. Upgraded appliances and ample storage space round out this rare offering. Once a celebrated hotel, El Cortez pairs historic charm with an impressive amenity lineup, including EV charging, a fitness center, a pool, two large common-area patios, BBQ facilities, and "The Don Room." Perfectly situated minutes from Little Italy, Seaport Village, Balboa Park, and major freeway access, this historic gem offers residents both comfort and convenience
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1929
- Lot Size
- 40,043 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1266.79 / Month
Neighborhood Insights
San Diego Unified Schools
Washington Elementary School
Grades K-5 • 0.6 mi
5/10
Roosevelt International Middle School
Grades 6-8 • 1.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 628 | 1,018.142 |
| Lot Size | 40,043 | 75,257.211 |
| Price | $399.0K | $598.4K |
| Price per sq ft | $635 | $607 |
| Built year | 1929 | 1986 |
| HOA | $1266.79 | $536 |
| Days on market | 45 | 58 |
Pricing History
Listed for Sale
Sep 10, 2026
$399,000
Initial Listing
Sold
Dec 7, 2023
$379,000
Public Record
Sold
Mar 24, 2011
$127,000
Public Record
Sold
Sep 30, 2004
$299,000
Public Record