Details for Jeff's clients
Off-marketCompass Private Exclusive$2,295,0005 bd · 3 ba · 2,448 sq ftNear Point Loma · 92107
Jeff Brick · CompassQuestions about this home? Call or text Jeff, 858-324-4448
For saleBuyer's MarketDowntown San Diego · 6.6 months of condos for sale · typical home sells in 35 daysMarket report 58 days on market · MLS# 260023477
$2,449,000
702 Ash Street Unit 1400, San Diego, CA 92101
3Beds
3Baths
2,004Sq ft
1929Built
Listed by Jenna M Daley, Compass · 619-778-9808
Your agent for this homeJeff BrickREALTOR® · Compass · 2026 SDMLS President
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About this home
A once-in-a-generation opportunity to own a piece of San Diego history with huge tax saving. Perched atop the iconic El Cortez—downtown’s premier landmark and former luxury hotel rumored to have hosted legends like Elvis Presley and The Beatles—Penthouse 1400 rarely hits the market and offers an unmatched luxury living experience. Arrive in ultimate prestige as double elevator doors open directly into your private domain. Showcasing unobstructed, breathtaking 360-degree panoramic views of the San Diego skyline, bay, and beyond that can never be built out, this fully updated penthouse seamlessly blends vintage glamour with elevated modern living. The main residence features expansive living spaces bathed in natural light, framing dramatic cityscapes from every room. In addition to the main layout, the property includes a private 3rd bedroom and full bath located on the same floor just across the hallway. Reminiscent of the building’s glamorous hotel origins, this versatile independent suite operates seamlessly as a private guest room, executive home office, studio, or quarters for visiting family seeking complete privacy. Step outside onto your expansive private terrace—a rare downtown outdoor sanctuary offering ample space for alfresco dining and sunset entertaining against the backdrop of the city lights. Beyond its incredible aesthetic appeal, the property offers major financial advantages. Benefit from the building’s official Mills Act Historical Designation, capping annual property taxes per year—a rare financial benefit that makes this unbeatable for value in downtown!
Remarks provided by the listing agent through SDMLS.
Home facts
Everything SDMLS reports for this home$1,222Price per sq ft
$1,512/moHOA dues
NoneMello-Roos / CFD
2 garageParking spaces
NoADU / guest unit
192997 years old
58Days on market
Interior
Bedrooms3
Bathrooms3 full
Living area2,004 sq ft
Levels1 Story
RoomsBedroom Entry LevelDining AreaFamily RoomPrimary RetreatOptional BedroomsWalk-In Closet
AppliancesDishwasherDryerRange/OvenRefrigeratorWasherBuilt In RangeFreezerGrillRange/Stove HoodGas Range
Heating, cooling & utilities
HeatingForced Air Unit (Natural Gas)
CoolingCentral Forced Air
WaterMeter on Property
SewerSeptic Installed, Sewer Connected
Exterior & lot
Lot size0 (Common Interest)
ViewCityCity LightsEvening LightsOcean
PoolBelow Ground, Community/Common, Fenced
Construction
Year built1929
Exterior wallsStucco
RoofTile/Clay
Parking
Garage spaces2
Total spaces2
Parking featuresGarage - Front Entry
HOA, fees & community
HOA dues$1,512 a month
Total monthly fees$1,512
Mello-Roos / CFDNone
AssociationEl Cortez Management
ComplexEl Cortez
Property & listing details
Home typeCondominium
OwnershipCondominium, Fee Simple
ZoningCCPD-R
Parcel number (APN)5340320584
NeighborhoodDowntown
Subdivision / tractDowntown (DT)
MLS areaMetro Central
Unit1400
CountySan Diego
Accepted financingCash, Conventional, Seller May Carry
Listed onSep 24, 2026
Original list price$2,500,000
Last price changeOct 27, 2026
Days on market58
MLS #260023477
Facts from San Diego MLS as reported by the listing agent. Deemed reliable but not guaranteed. Questions about any detail? Text Jeff.
Price & status history
DateEventPrice
Sep 24, 2026Listed for sale$2,500,000
Off-market · not on Zillow, Redfin or the MLS
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Details for Jeff's clients
Off-marketCompass Private Exclusive$1,450,0003 bd · 3 ba · 1,872 sq ftNear University City / UTC · 92122
Details for Jeff's clients
Off-marketCompass Private Exclusive$2,699,0005 bd · 5 ba · 6,011 sq ftNear Poway · 92064
Compass Private Exclusives are not listed in the MLS and are not part of the SDMLS data on this site. Images show the neighborhood, not the home.
What it costs to own
Your estimated monthly cost
— / month
Principal & interest—
Property tax (1.251% a year)—
Home insurance (California average)—
HOA dues$1,512
Income needed (housing at 28% of gross pay)—
Down payment—
Property tax for the year—
Rate starts at the Freddie Mac 30-year average, week of November 5, 2026.
Rent vs. buy
Typical rent in 92101 is about $2,917/month. Owning this home runs about — more each month before tax benefits and equity.
Home values in 92101
−4%1 year
+3%5 years
+21%10 years
Estimates, not a loan quote. Tax uses the San Diego County City of San Diego rate on the list price; insurance is the California average policy; rent and value trends are Zillow indexes for the ZIP. Mortgage calculator · Cost to own in San Diego · Insurance and lending pros
Downtown San Diego is a Buyer's market
6.6 months of inventory for condos in October 2026. Under 3 months favors sellers, 3 to 6 is balanced, over 6 favors buyers.
$1,222Price per sq ft (area: $745, 64% above)
58 daysOn market (area median: 35 days)
$621,250Area median condo price (−8% vs last year)
98%Of list price that sellers got
Price reduced $51,000 from the original list price.
See Downtown San Diego in the market report Neighborhood guide · What's my home worth?
Area figures: San Diego MLS closed sales, October 2026, condos in ZIP 92101, compiled by Jeff Brick.
The neighborhood
Living in Downtown San Diego
$710,000Median sale price
73Avg. days on market
248Homes for sale
Market data: SDMLS.
Read the full Downtown San Diego guide →Schools
Schools for this home
Schools as listed in SDMLS. Confirm enrollment boundaries with the school district.
See all Downtown San Diego schools in Jeff's guide →Similar homes nearby
Based on information from the San Diego Multiple Listing Service as of November 11, 2026 at 1:46 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Jeff Brick, REALTOR® · Compass · California DRE #02156850 · Report a listing error
