702 Ash Street 500, San Diego, California 92101, San Diego, 92101 - 1 bed, 1 bath
702 Ash Street 500
San Diego, California 92101
Property Price
SUMMARY
Analysis of 702 Ash Street 500, San Diego, California 92101 is currently available with a list price of $329,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The unit is move-in ready and has been well-maintained within its historic context. The kitchen features updated stainless steel appliances and stone countertops, while the bathroom has been modernized with a glass-enclosed shower and contemporary vanity. The flooring and paint appear fresh, and the presence of modern A/C and functional systems aligns with the 'good' condition criteria for a renovated historic property.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Savings
The property is under the Mills Act, providing significant potential savings on property taxes, which is a major financial benefit for owners of historic homes.
- Iconic Historic Building
Located in the legendary El Cortez, this unit offers timeless charm, a welcoming lobby, and a prestigious downtown address with southwest-facing bay and city views.
- Full-Service Amenities
Residents enjoy a comprehensive amenity package including underground parking, a pool, gym, and a shared BBQ terrace, all within a highly walkable urban environment.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee is $1,272 per month, which represents a significant recurring cost that may impact the overall affordability for some buyers.
- Compact Living Area
With only 628 square feet of living space, the unit's footprint is relatively small, potentially limiting its functionality for those requiring more room or storage.
About 702 Ash Street 500
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
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1927
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1272.0 / Month
Neighborhood Insights
San Diego Unified Schools
Washington Elementary School
Grades K-5 • 0.6 mi
Roosevelt International Middle School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 43% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 628 | 1,094 | 11% |
| Lot Size | - | - | 50% |
| Price | $329.0K | $725.0K | 5% |
| Price per sq ft | $524 | $695 | 5% |
| Built year | 1927 | 2004 | 0% |
| HOA | $1272.0 | $830 | 78% |
| Days on market | 56 | 180 | 8% |
Pricing History
Listed for Sale
Mar 5, 2026
$329,000
$339,000
-3% Price Drop
Initial Listing
Price Change
Jan 17, 2026
$339,000
$369,000
-8% Price Drop
Initial Listing
Price Change
Jan 10, 2026
$369,000
Initial Listing
Sold
Oct 25, 2021
$319,000
Public Record
Sold
Nov 28, 2018
$300,000
Public Record
Sold
Jul 6, 2010
$280,000
Public Record
Sold
Apr 20, 2009
$125,000
Public Record
Sold
Oct 7, 2004
$251,500
Public Record