702 Ash St 1200, San Diego, California 92101, San Diego, - bed, bath

home-pic
ACTIVE$1,895,000
702 Ash St 1200, San Diego, California 92101
2Beds
2Baths
1,751Sqft
40,043Lot
Year Built
1929
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
-
HOA
$1,289.17
Days on market
-
Sold On
-
MLS number
250017564SD
Home ConditionGood
Features
Excellent View:
View-

About this home

Step into a unique piece of San Diego’s storied past with this beautifully updated 2-bedroom, 2-bathroom penthouse in the historic El Cortez. Once home to the renowned El Cortez Sky Room, this landmark residence seamlessly blends timeless charm with modern luxury, offering a rare opportunity to own a Mills Act unit with significant tax savings. Penthouse 1200 features an incomparable Great Room/Open Concept Floor Plan, with a spacious kitchen, sleek stainless steel appliances, and a seamless flow through the kitchen, dining, and living spaces, all wrapped in glass. Large windows and two expansive 30’ balconies invite abundant natural light and showcase captivating panoramic views, stretching from Balboa Park to the San Diego Bay, the mountains, airport, and vibrant downtown skyline. Elegant limestone floors in a herringbone pattern elevate the interior, while the luxurious master suite boasts an intricate marble-detailed bath with a steam shower. Located in the heart of downtown San Diego, the El Cortez is a one-of-a-kind treasure, rich in history and architectural significance. Moments from top-tier dining, shopping, cultural attractions, and the Gaslamp Quarter, this exceptional home offers a truly unique living experience in one of the city’s most celebrated landmarks. Don’t miss this rare opportunity to own a stunning penthouse in one of San Diego’s most coveted historic buildings!

Nearby schools

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

 SubjectAverage HomeNeighbourhood Ranking (265 Listings)
Beds22
50%
Baths22
50%
Square foot1,7511,046
94%
Lot Size40,0430
18%
Price$1.9M$679K
96%
Price per square foot$1,082$701
93%
Built year192910026003
3%
HOA$1,289.17$859
77%
Days on market282171
92%
Condition Rating
Good

The property, built in 1929, has been updated with a modern kitchen featuring stainless steel appliances and a marble-detailed bathroom with a steam shower. The limestone floors and overall design suggest a recent renovation, although the building's age prevents it from being rated as 'excellent'. The updates appear to be of good quality and well-maintained, making it move-in ready.
Pros & Cons

Pros

Panoramic Views: The penthouse offers captivating panoramic views of Balboa Park, San Diego Bay, mountains, the airport, and the downtown skyline from its expansive balconies and large windows.
Historic Landmark: Located in the historic El Cortez, this property offers a unique living experience in one of San Diego's most celebrated landmarks, rich in history and architectural significance.
Mills Act Unit: Being a Mills Act unit, the property benefits from significant tax savings, making it an attractive investment.

Cons

HOA Fees: Living in a historic building with amenities may result in higher HOA fees compared to newer constructions.
Age of Building: Built in 1929, the building may require ongoing maintenance and potential upgrades to infrastructure despite recent updates to the unit.

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