
702 Ash, 1103, San Diego, CA 92101
702 Ash, 1103, San Diego, CA 92101
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.
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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 ListingsComparative Market Analysis
Residential Tier · 5 active · 5 closed
Downtown · San Diego · Condominium
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 575 6th | San Diego | 2007 | 2 | 2 | 1,032 | 0 | $843 | $870,000 | 3 | 84 |
| 445 Island Avenue | San Diego | 2006 | 2 | 2 | 941 | 0 | $659 | $620,000 | 131 | 81 |
| 1325 Pacific Highway | San Diego | 2009 | 2 | 2 | 1,286 | 65,550 | $970 | $1.25M | 56 | 81 |
| 1240 India Street | San Diego | 2003 | 3 | 3 | 1,594 | 60,108 | $721 | $1.15M | 55 | 80 |
| 1025 Island Avenue | San Diego | 2006 | 2 | 2 | 1,027 | 18,261 | $622 | $639,000 | 6 | 79 |
| Total: 5 · Average | 2.2 | 2.2 | 1,176 | 47,973 | $763 | $905,200 | 50.2 | |||
| Median | 1,032 | $870,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 850 Beech St | San Diego | 2003 | 10/02/2026 | 3 | 2 | 1,285 | 40,052 | $849,995 | $840,000 | $654 | 0.99 | 80 | 70 |
| 5875 Friars Road | San Diego | 1989 | 09/28/2026 | 3 | 2 | 1,430 | 0 | $779,000 | $779,000 | $545 | 1.00 | 30 | 67 |
| 850 Beech Street | San Diego | 2003 | 09/18/2026 | 2 | 2 | 1,133 | 0 | $699,000 | $650,000 | $574 | 0.93 | 118 | 66 |
| 301 G Street | San Diego | 2003 | 09/25/2026 | 1 | 2 | 1,330 | 59,241 | $699,900 | $675,000 | $508 | 0.96 | 112 | 64 |
| 1655 Sandbanks Drive | San Diego | 2022 | 09/29/2026 | 3 | 3 | 1,785 | 0 | $649,000 | $676,000 | $379 | 1.04 | 82 | 62 |
| Total: 5 · Average | 2.4 | 2.2 | 1,392.6 | 49,646.5 | $724,000 | $724,000 | $532 | — | 84.4 | ||||
| Median | 1,330 | $676,000 | $676,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.