Historic Mills Act Condo at The El Cortez Building in San Diego For Sale

Historic Mills Act Condo El Cortez Building San Diego For Sale

702 Ash St #404, A Crown Jewel in San Diego’s Cortez Hill

Address: 702 Ash St #404, San Diego, CA 92101
Bedrooms: 2
Bathrooms: 2
Square Footage: 1,118 Sqft
List Price: $644,900
List Price Per Sqft: $576.83
MLS: 230019062SD
Status: Active
Community: Cortez Hill
Building: El Cortez Highrise


An Epic Tale of Timeless Elegance

Welcome to 702 Ash St #404, an iconic condo unit that melds the elegance of history with the luxuries of modern living. Situated in the esteemed El Cortez building, this lofty residence is not just a home, but a conversation piece, a statement of timeless grandeur and contemporary comfort. | PROPERTY DETAILS AND PHOTOS


Why You Should Care About Mills Act

The most significant allure of this property isn’t just its inherent grandiosity. It’s also in the massive potential for savings through the Mills Act. If you’re unfamiliar with the Mills Act, brace yourself for a pleasant surprise. This legislation offers significant tax benefits for owners of historic properties who actively participate in the restoration and maintenance of their homes. In a city like San Diego, where every penny counts, this act is a financial game-changer.


Inside The Residence

This 2-bedroom, 2-bathroom unit offers a sprawling 1,118 square feet of livable space. The modern open kitchen is a chef’s delight, complete with granite countertops and state-of-the-art appliances. The home is freshly painted and features newly-installed hardwood floors. The high ceilings offer an airy atmosphere, while the central air-conditioning and Nest thermostat ensure that the climate is always just right. For added convenience, the unit also offers in-laundry facilities.

Amenities and Views to Die For

The views from this end unit are nothing short of spectacular, capturing the essence of San Diego — from the sprawling Balboa Park to the shimmering city lights and distant mountains.


Community Features & Amenities

As a resident of the El Cortez community, you’ll have access to:

  • A fully-equipped fitness center gym
  • An expansive second-floor patio with BBQ facilities
  • Secure package lockers
  • On-site management
  • A swimming pool
  • State-of-the-art security systems

HOA Fees: $1,100 Monthly


A Prime Location

This residence is within walking distance to some of San Diego’s most iconic landmarks and experiences, including the Little Italy Farmer’s Market, Seaport Village, Balboa & Petco Parks, and the Gaslamp Quarter.

Parking and Security

Security is a priority at El Cortez. The building offers card/code access and a gated community setting. Parking is also sorted with one attached, gated space.


The Bottom Line

With its stunning features, prime location, and incredible Mills Act tax benefits, 702 Ash St #404 offers more than just a home; it offers a lifestyle.

Don’t Miss Out

Timeless properties like this one have a habit of being snapped up in the blink of an eye. If you’re looking for a unique residence that offers a blend of luxury, history, and financial wisdom, then your search might very well end here. Schedule your tour today to experience this epic piece of San Diego history!

The El Cortez Building: San Diego’s Iconic Landmark of Historic Elegance and Modern Living

An Architectural Masterpiece

The El Cortez building in San Diego isn’t merely a residence; it’s an iconic landmark, a testament to Spanish Renaissance architecture that once stood as the tallest building in the County. Boasting luxurious units, a wealth of amenities, and a strategic location in the city’s cultural heart, the El Cortez is more than a building—it’s a lifestyle, a community, and a piece of San Diego’s rich history.

Where History and Tax Savings Meet: The Mills Act

For homeowners invested in San Diego’s rich architectural history, owning a unit at the El Cortez comes with a considerable financial benefit—eligibility for the Mills Act Tax Credit. This act provides significant property tax savings for residents, incentivizing the preservation of historic properties. In the El Cortez, you get to relish the old-world charm while enjoying modern financial benefits.


Unveiling The Interiors: A Blend of Elegance and Comfort

The El Cortez offers a variety of floor plans to suit individual tastes and needs. Units can range from expansive one-bedroom layouts to larger two-bedroom configurations. Every residence boasts high-end features. Some units also include:

  • Expansive Windows: 6-foot windows offer breathtaking views of Balboa Park, the cityscape, and even distant mountains.
  • Sophisticated Flooring: Many units feature exquisite Brazilian walnut hardwood floors that echo the building’s historic character.
  • Modern Kitchens: Residents will find full-sized kitchens equipped with granite countertops and top-notch appliances.
  • Climate Control: High ceilings, central air conditioning, and Nest thermostats ensure year-round comfort.
  • In-Unit Laundry: The convenience of in-unit laundry facilities adds to the list of luxuries.

Amenity-Driven Living: Where Every Day Feels Like A Vacation

El Cortez doesn’t just stop at offering magnificent units; it provides a full spectrum of amenities to elevate your lifestyle.

  • Security: Recently updated access control and camera systems ensure safety and peace of mind.
  • Fitness Center: A state-of-the-art gym is available for residents.
  • Pool & Spa: An outdoor community pool and spa offer relaxation and leisure in your backyard.
  • Outdoor Space: The expansive second-floor patio comes complete with BBQ facilities and stunning views.
  • Package Lockers: Secure package lockers make receiving parcels a breeze.

The Heart of San Diego: Neighborhood & Accessibility

Nestled in the vibrant community of Cortez Hill, El Cortez residents are just a stroll away from an array of San Diego’s most sought-after destinations:

  • Little Italy Farmer’s Market: Enjoy fresh produce and artisan goods every week.
  • Balboa & Petco Parks: These iconic parks offer recreation and culture alike.
  • Seaport Village and Gaslamp District: Shopping, dining, and entertainment options abound.
  • Public Transit: The building’s prime location offers easy access to airports, trains, trolleys, and beaches.

Testimonials: Words From the Residents

“Living in the El Cortez is like owning a piece of history. From the moment the concierge greets you, you feel like you’re stepping back in time, yet with all the modern conveniences you could wish for.”


Your Invitation to Historical Grandeur

There’s a unique sense of pride that comes from residing in a building as historically significant as the El Cortez. Combine that with the benefit of Mills Act Tax Credits, and what you have is an opportunity too good to pass up. | REQUEST A TOUR

So, don’t miss your chance to become a part of this iconic building’s storied history. Schedule your tour today to explore available units, and envision your life in this urban oasis that seamlessly combines the past, present, and future. For further information, feel free to contact us. Your dream condo in the historic El Cortez awaits! | MORE


Request a free list of amazing Mills Act historic properties just listed in your favorite neighborhood. Fill out the online form:

Copyright © This free information provided courtesy Entar.com with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 888-240-2500 or visit WeSellCal.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence.  Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker. 

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