702 Ash Street 500, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
Loading property details...
San Diego, California 92101
This Historic Downtown Residence is a Strong Value Opportunity, listed at $329,000—positioned accurately at its $329,000 Fair Market Value. This price point represents the lowest-priced entry into the iconic El Cortez building, further enhanced by the Mills Act for significant property tax savings. Boasting a Move-in Ready Condition Rating, the interior features wood-look tile flooring and updated fixtures. With access to a pool, gym, and city views, this property balances historic charm with modern utility. It is a premier choice for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 Ash Street 500 Subject | $329,000* List Price | 1 | 1 | 628 | $524 | - |
A 1333 8th Avenue 403 Sold | $410,000 | 1 | 1 | 673 | $609 | 0.1 mi |
B 1080 Park Blvd 303 Sold | $320,000 | 1 | 1 | 618 | $518 | 0.3 mi |
C 1080 Park Blvd 1614 Sold | $399,000 | 1 | 1 | 596 | $669 | 0.3 mi |
D 1480 Broadway 2409 Sold | $405,000 | 1 | 1 | 710 | $570 | 0.5 mi |
E 1400 Broadway 1201 Sold | $395,000 | 1 | 1 | 713 | $554 | 0.5 mi |
F 1080 Park Blvd 309 Sold | $269,000 | 0 | 1 | 472 | $570 | 0.3 mi |
G 702 Ash St 201 Active Under Contract | $399,000 List Price | 1 | 1 | 685 | $582 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with several modern updates. It features contemporary wood-look tile flooring throughout, updated light fixtures, and fresh paint. While the building is a historic 1927 structure, the unit itself shows minimal wear and tear, with a functional bathroom and a clean, updated aesthetic that does not require immediate renovation.
The property is enrolled in the Mills Act, which provides owners with substantial property tax savings, a major financial benefit for a downtown San Diego residence.
Situated in the historic El Cortez building on El Cortez Hill, this southwest-facing unit offers a prestigious address with abundant natural light and views of the city and San Diego Bay.
Positioned as the lowest-priced one-bedroom in a prime location, the property is VA-approved and the seller is open to rent-to-own options, making it highly accessible to various buyers.
The association fee of $1,272 per month is notably high for a one-bedroom unit of this size, which may impact the overall monthly budget for potential owners.
At 628 square feet, the unit is relatively compact, which could be a drawback for buyers seeking more spacious accommodations or extensive storage within the downtown area.
Lowest Priced 1 BR in superior location on El Cortez Hill. This condo is very nice. Seller will consider Rent to Own! You'll find no better downtown value! Live your best life high above it all in the El Cortez, one of San Diegos's most iconic buildings. A beautiful and welcoming lobby area attests to the timelessness of this downtown gem. This southwest unit is perfectly perched to catch the abundant sunshine by day, and beautiful city lights at night, along with a peek view of San Diego Bay. A dedicated entry area adds to the sense of spaciousness, separating the living area from the bedroom and the bath. Leave your car in the underground parking and take full advantage of the amenities of your new home.... A/C, Pool, shared BBQ and Terrace, Gym/Fitness center, and of course, the vibrant, walkable downtown. Property has previously been rented furnished for a minimum 30 days stay and is near Balboa Hospital and 32nd Street. Property is on the Mills Act which offers potential savings on Property Taxes. Some furnishings may be available for purchase. Complex is VA Approved
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 | 1.0 | 2.0 | 36% |
| Square foot | 628 | 1,107 | 11% |
| Lot Size | - | - | 50% |
| Price | $329.0K | $755.1K | 5% |
| Price per sq ft | $524 | $696 | 7% |
| Built year | 1927 | 2004 | 0% |
| HOA | $1272.0 | $897 | 74% |
| Days on market | 103 | 155 | 27% |
Mar 5, 2026
$329,000
$339,000
-3% Price Drop
Initial Listing
Jan 17, 2026
$339,000
$369,000
-8% Price Drop
Initial Listing
Jan 10, 2026
$369,000
Initial Listing
Oct 25, 2021
$319,000
Public Record
Nov 28, 2018
$300,000
Public Record
Jul 6, 2010
$280,000
Public Record
Apr 20, 2009
$125,000
Public Record
Oct 7, 2004
$251,500
Public Record