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702 Ash, 1103, San Diego, CA 92101

$1.02M2bd · 2ba · 1,523 sqft
Lot 40,043 sqft•HOA $1409.57/mo•Condominium•
Active
•33d on market•MLS# PW-26196045

Property Description

Historic Mills Act–designated penthouse in the iconic El Cortez—one of San Diego’s most treasured 1920s Spanish Colonial Revival landmarks. This rare top-floor residence offers dramatic southern, eastern, and western panoramas of downtown and the bay, original architectural details such as decorative plasterwork and period tile, plus sensitive modern upgrades to the kitchen, baths, and building systems. As part of a Mills Act contract, the property conveys both significant historic-preservation protections and attractive property-tax benefits, making ownership a unique blend of cultural stewardship and financial advantage. Thoughtfully adapted for contemporary living, the penthouse is a 2-bedroom, 2-bath residence featuring a spacious open layout with a primary suite plus a second bedroom, in-unit laundry conveniently located by the kitchen, and access to the building’s secured historic lobby — which includes a secured package room — and elevator. Situated steps from the Gaslamp Quarter, Little Italy, Balboa Park and the Embarcadero, this offering appeals to buyers who value architectural character, downtown convenience, and the prestige of a landmark address—contact the listing agent for full unit specifications, Mills Act terms, parking and HOA details.

Features & Amenities

DowntownFeeBuilt 1929

Property Details

Subdivision
Downtown
Land Type
Fee
Year Built
1929
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
City Lights, Harbor, Marina, Ocean
City
San Diego
Zip Code
92101
County
San Diego
Listed byBrix Realty Group, Matthew Purifoy

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,157.68
Principal & Interest
Loan Amount
$816,000
Total Interest
$1,040,763
Total Payment Over 30 Years
$1,856,763
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Downtown

This property is located in Downtown, a community in San Diego. Explore more listings in this neighborhood to compare options and pricing.

View Downtown Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

702 Ash, 1103, San Diego, CA 92101

Downtown · San Diego · Condominium

$1.02M
Residential Tier
Beds
2
Baths
2
Sqft
1,523
Lot
40,043 sqft
Year
1929
$/Sqft
$670
Pool: Yes✓
View: city✓
Garage: 2-car✓

Listed 50.9% above the median closed sale of $676,000. Price per sqft ($670) is a 26% premium to closed comps ($532).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.02M· $670/sqft
Total list price
Closed comps
vs closed median $676K
+$344K (+50.9%)
Active comps
vs active median $870K
+$150K (+17.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $763
−$93 (−12.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
575 6thSan Diego2007221,0320$843$870,000384
445 Island AvenueSan Diego2006229410$659$620,00013181
1325 Pacific HighwaySan Diego2009221,28665,550$970$1.25M5681
1240 India StreetSan Diego2003331,59460,108$721$1.15M5580
1025 Island AvenueSan Diego2006221,02718,261$622$639,000679
Total: 5 · Average2.22.21,17647,973$763$905,20050.2
Median1,032$870,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
850 Beech StSan Diego200310/02/2026321,28540,052$849,995$840,000$6540.998070
5875 Friars RoadSan Diego198909/28/2026321,4300$779,000$779,000$5451.003067
850 Beech StreetSan Diego200309/18/2026221,1330$699,000$650,000$5740.9311866
301 G StreetSan Diego200309/25/2026121,33059,241$699,900$675,000$5080.9611264
1655 Sandbanks DriveSan Diego202209/29/2026331,7850$649,000$676,000$3791.048262
Total: 5 · Average2.42.21,392.649,646.5$724,000$724,000$532—84.4
Median1,330$676,000$676,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.