702 Ash Street 800, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath
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San Diego, California 92101
This Historic Condominium represents a High-Potential Investment Opportunity, listed at $789,000—positioned above the $711,510 Fair Market Value. While priced at a premium, the property offers significant long-term financial advantages through the Mills Act tax benefits. Featuring a Condition Rating of 3, the unit includes a remodeled kitchen, mahogany-style flooring, and panoramic bay views. Its prime location near Little Italy and Petco Park ensures high demand. This residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking historic charm with modern convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 Ash Street 800 Subject | $789,000* List Price | 2 | 2 | 1,212 | $587 | - |
A 702 Ash St 102 Sold | $659,900 | 1 | 2 | 1,201 | $549 | 0.0 mi |
B 1441 9th Avenue 607 Sold | $699,900 | 2 | 2 | 1,241 | $564 | 0.1 mi |
C 1441 9th Avenue 901 Sold | $850,000 | 2 | 2 | 1,235 | $688 | 0.1 mi |
D 1551 4th Ave 208 Sold | $580,000 | 2 | 2 | 1,262 | $460 | 0.2 mi |
E 1650 8th 104 Sold | $685,000 | 2 | 2 | 1,126 | $608 | 0.2 mi |
F 1480 Broadway 2621 Sold | $650,000 | 2 | 2 | 1,266 | $513 | 0.5 mi |
G 801 Ash 1701 Active | $798,999 List Price | 2 | 2 | 1,217 | $657 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1929, the unit is well-maintained and move-in ready with a remodeled kitchen, updated mahogany-style flooring, and modern stackable laundry. The renovations and systems appear to be within the 5-15 year range, providing a balance of historic charm and functional modern updates.
The property qualifies for the Mills Act, providing owners with a significantly lower property tax rate, which offers substantial long-term financial savings for a downtown residence.
Located in the iconic 1929 El Cortez building, this unit features unique vintage character, mahogany flooring, and a remodeled kitchen, blending historical elegance with modern convenience.
Situated on the 8th floor, the unit offers exceptional bay views and fireworks displays, while maintaining high walkability to Little Italy, Petco Park, and the Symphony.
The monthly HOA fee of $1,366 is substantial, which may impact the overall affordability and debt-to-income ratios for some perspective buyers.
Being a 1929 structure, the property may have limitations regarding modern infrastructure or strict renovation guidelines typical of protected historical landmarks.
Exquisite Unit on the 8th floor in the Historic El Cortez building with San Diego Views and Historical Charm AND MILLS ACT!(LOWER Property TAX RATE); This 2br/2ba is open, spacious, with laundry in the unit, Beautiful mahogany wood like floors, remodeled Kitchen, 2 en suite bedrooms. Other features include great westernly breezes, recessed lighting, ceiling fans, plantation shutters , and a fantastic BAY view, including Sea World Fireworks. This Vintage 1929 building offers Art Deco charm, in addition to a Pool, Gym, lovely patio, and BBQ, Iconic Lobby and retro common areas that will impress. Walk to Little Italy, Petco or Symphony; VA/FHA Approved and FULLY FURNISHED!
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,212 | 999 |
| Lot Size | 40,043 | 84,697.5 |
| Price | $789.0K | $604.2K |
| Price per sq ft | $651 | $618 |
| Built year | 1929 | 1985 |
| HOA | $1366.0 | $500 |
| Days on market | 42 | 53 |
Jun 10, 2026
$789,000
Initial Listing
May 16, 2023
$789,000
Public Record
Jan 21, 2014
$549,000
Public Record
Mar 15, 2010
$249,500
Public Record
Dec 15, 2004
$679,000
Public Record