702 Ash St 102, San Diego, California 92101, San Diego, - bed, bath

home-pic
ACTIVE$699,900
702 Ash St 102, San Diego, California 92101
1Bed
2Baths
1,201Sqft
40,043Lot
Year Built
1929
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
-
HOA
$1,151
Days on market
-
Sold On
-
MLS number
250041962SD
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Rare & stylish bachelor(ette) loft featuring striking 20-foot ceilings & an outdoor patio. Don't be discouraged by monthly HOA. The current owner is paying only $2,200 ANNUALLY* in property taxes because of Mills Act Historic designation. Private entrance accessible from 1st floor of building, NO elevator needed! Step through elegant French doors into an expansive, sunlit open space with soaring ceilings, exposed beams, and an urban NYC loft ambiance ideal for art displays. The main level offers beautiful natural wood floors, a modern kitchen with island, spacious living area, full guest bath, and walk-in storage. Upstairs, the loft includes a roomy bedroom, dedicated office area, walk-in closet, and second full bath. Outside, relax on your private patio nestled among jacarandas with views of the city skyline. Perched 175 feet above sea level, the iconic El Cortez is a San Diego Historical Landmark listed on the National Register of Historic Places. Originally built in 1927, it has hosted notable guests like Eisenhower and Elvis Presley. Set in tranquil Cortez Hill, you're close to Petco Park, Gaslamp, Little Italy, and Balboa Park. Amenities include parking, fitness center, pool, and EV chargers. Visit this exceptional home today—Carpe Diem! *Mills Act property tax amount subject to annual assessment.

Nearby schools

5/10
Washington Elementary School
Public,K-50.6mi
5/10
Roosevelt International Middle School
Public,6-81.5mi

Price History

Date
Event
Price
10/17/25
Listing
$699,900
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (269 Listings)
Beds12
36%
Baths22
50%
Square foot1,2011,046
63%
Lot Size40,0430
18%
Price$700K$677K
53%
Price per square foot$583$695
14%
Built year192910026003
3%
HOA$1,151$856
71%
Days on market19171
0%
Condition Rating
Excellent

Despite being built in 1929, this loft has undergone an extensive and high-quality modern renovation. The kitchen features contemporary white flat-panel cabinetry, stainless steel appliances (including a side-by-side refrigerator and dishwasher), and a stylish subway tile backsplash, all appearing new or virtually new. The main living areas showcase beautiful dark engineered wood flooring, modern industrial-style stairs, high ceilings with exposed beams, and updated lighting. The overall aesthetic is clean, current, and move-in ready, meeting modern quality standards. While bathroom images are not provided, the visible renovations strongly indicate a comprehensive update throughout the unit.
Pros & Cons

Pros

Significant Property Tax Savings: The Mills Act Historic designation results in exceptionally low annual property taxes ($2,200), offering substantial long-term savings compared to similar properties.
Unique Architectural Style & Ambiance: Features striking 20-foot ceilings, exposed beams, and an expansive, sunlit open space, creating a distinctive urban NYC loft ambiance ideal for art displays.
Prime Location & Historic Prestige: Located in the iconic El Cortez, a San Diego Historical Landmark in tranquil Cortez Hill, offering proximity to Petco Park, Gaslamp, Little Italy, and Balboa Park, with a rich history of notable guests.
Comprehensive Building Amenities: Residents benefit from a range of amenities including dedicated parking, a fitness center, swimming pool, and modern EV chargers, enhancing lifestyle and convenience.
Private Entrance & Outdoor Patio: Offers a rare private entrance from the first floor (no elevator needed) and a secluded outdoor patio nestled among jacarandas with city skyline views, providing exclusive access and outdoor living space.

Cons

High Monthly HOA Fees: The monthly HOA fee of $1,151 is substantial, which could be a significant ongoing cost for potential buyers, despite the property tax benefits.
Niche Market Appeal: Described as a 'bachelor(ette) loft' with an open-concept layout, this property caters to a specific demographic and lifestyle, potentially limiting its appeal to a broader market seeking more traditional living spaces.
Urban Environment Noise Potential: While in 'tranquil Cortez Hill,' its downtown location and proximity to major entertainment venues like Petco Park and Gaslamp Quarter may expose residents to urban noise and activity.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State