Property Detail

702 Ash Street #207

San Diego CA 92101

$474,900

Status: Active

Property Details

Description

Historic charm, modern sophistication, and the potential for substantial property tax savings; an exceptional combination that makes this El Cortez residence truly stand out! Discover a stylishly updated corner end unit in one of Downtown San Diego’s most iconic historic landmarks. Impeccably maintained and filled with natural light from multiple large windows, this residence offers a remarkable financial advantage: Mills Act designation could reduce property taxes by approx. 50% delivering meaningful savings year after year. The hard work has already been done! Upgraded improvements include a beautifully remodeled bathroom with a walk-in shower, new vanity, and custom cabinetry, along with sleek engineered wood flooring, fresh paint, and new fixtures and lighting throughout. The bright kitchen features refinished cabinetry and a new refrigerator, while the living room showcases attractive built-in shelving. Smart storage solutions further distinguish this home, including a versatile entry workstation/wardrobe closet with shelving and electrical outlets, an expanded primary bedroom walk-in closet. Situated on desirable Cortez Hill, enjoy a distinctive Downtown lifestyle with Balboa Park, Little Italy, acclaimed dining, and city attractions just moments away. Historic prestige, contemporary comfort, and potential long-term tax savings, an “all in one” exceptional opportunity. Simply move in and enjoy! (Buyer to verify Mills Act savings). Live in a San Diego icon. The seller’s actual annual property taxes are just $1,643.74 with the Mills Act, a huge selling point. (This is the seller’s current amount, and a buyer’s taxes may differ.) Historic El Cortez pairs old-world elegance with full-service convenience: a grand lobby, on-site management, a pool, barbecue area, fitness center, and a second-story deck with spectacular views. Step outside and you’re an easy walk from Petco Park and the Gaslamp Quarter’s restaurants and nightlife. The building (and unit #207) is historically designated, so owners would work on transferring the Mills Act and its property tax savings.

Map Location

Listing provided courtesy of Gregg Neuman of Berkshire Hathaway HomeService. Last updated 2026-11-15 09:14:28.000000. Listing information © 2026 CRMLS.

Megan Root

Megan Root

CA DRE# 01351843
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