$655,000
SOLD APR 26, 2024 RENTED JUN 2, 2025
1 Bed
2 Baths
1,201 Sq Ft
$1,147/mo HOA Fee

Recently Sold

$545 Per Sq Ft

1% Above List Price

12 Days on Market

Highlights

  • 0.92 Acre Lot
  • Community Pool
  • Subterranean Parking
  • Loft
  • Home Office
  • Laundry closet

About This Home

As of April 2024

MILLS ACT. Save on property taxes and experience unparalleled living in this 2-story loft at the iconic El Cortez. This exceptional unit offers an exclusive lifestyle, featuring a serene private patio, a spacious walk-in pantry for ample storage, and a convenient full bath downstairs. The tranquility is unmatched with no neighbors above, ensuring a peaceful environment. Ascend to the upstairs loft bedroom, revealing a flexible living space complete with an additional nook or den, perfect for an office setup, all under the impressive expanse of 20 ft ceilings that evoke the openness and style of Brooklyn lofts. Unique to this unit is the direct access, allowing for a private entrance without the need to navigate through the building. Dine in style at the Osteria Cotto e Mangiato, the building's on-site restaurant, get in a workout at The Little Yoga Studio, followed by the coffee shop just across the street catering to your morning routine, while the El Cortez Gourmet Mart within the building ensures your culinary needs are always met. Located in the quieter part of downtown, residents enjoy the calm while being a short walk away from all the action. Zoned for live/work, this unit provides the perfect blend of professional utility and personal comfort. It’s a rare opportunity, as these units in the El Cortez seldom hit the market, offering a chance to be part of San Diego’s vibrant history while enjoying modern amenities such as a pool, exercise room, and the convenience of a parking garage.

Last Agent to Sell the Property

Michel Goldstein

eXp Realty of California, Inc. License #01754344 Listed on: 03/14/2024

eXp Realty of California, Inc.

Last Buyer's Agent

Jorge Castellon

Compass License #01513716

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1929

HOA Fees

  • $1,147 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1,201 Sq Ft Home
  • Home Office
  • Loft
  • Bonus Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Heat Pump System
  • Separate Water Meter

Additional Features

  • Pool Equipment or Cover
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 534-032-05-03

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 85 Units
  • El Cortez Homeowners Asso Association, Phone Number (619) 578-3204
  • El Cortez Community
  • 15-Story Property

Recreation

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,563

Year Built

Built in 1929

Lot Details

0

HOA Fees

$1,147 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: 7th
  • Neighborhood: Cortez Hill
  • LP / Sq Ft: 539.55
  • Price Per Sq Ft: 545.38
  • SP/ Sq Ft: 545.38
  • Stories: 2 Story
  • Stories In Building: 15
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1929
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 102
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Pool/Spa/Equipment, Refrigerator, Washer
  • Searchable Rooms: Bonus Room, Den, Loft
  • Total Bedrooms: 1
  • Master Bedroom Dimensions: 15x14
  • Optional Bedrooms: 1
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1201
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate
  • Pool: Above Ground, Community/Common
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Garage Details: Underground
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Heat Pump(s)
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Total Fees: 13760.4
  • Units In Building: 85
  • Total Number of Units: 85
  • Community: DOWNTOWN
  • Home Owner Association: El Cortez Homeowners Asso
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1146.7
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-578-3204

Fee Information

  • Total Monthly Fees: 1147

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: SPECIAL AN
  • Assessor Parcel Number: 534-032-05-03
  • Estimated Lot Sq Ft: 40043
  • Estimated Number of Acres: 0.92
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 10, 2024
Sold by
B2 Holdings Llc
Bought by
Jaffe Jonathan
Seller's Agent
Michel Goldstein
eXp Realty of California, Inc.
Buyer's Agent
Jorge Castellon
Compass
List Price
$648,000
Sold Price
$655,000
Premium/Discount to List
$7,000
1.08%
Views
139
Current Estimated Value
$737,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,598
Avg. Annual Appreciation
9.88%
Original Mortgage
$355,000
Outstanding Balance
$350,221
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$387,377

Purchase Details

Listed on
Dec 21, 2013
Closed on
Mar 28, 2014
Sold by
Wicomb Erin
Bought by
B2 Holdings Llc
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sonja Huter
Berkshire Hathaway HomeServices California Properties
List Price
$525,000
Sold Price
$415,000
Premium/Discount to List
-$110,000
-20.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Oct 2, 2013
Sold by
Beckwith Lloyd
Bought by
Wicomb Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2012
Sold by
Mavrix Equity Group Inc
Bought by
Beckwith Llyod

Purchase Details

Closed on
Jul 28, 2011
Sold by
Wood Brian D
Bought by
Mavrix Equity Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.53%
Mortgage Type
Unknown

Purchase Details

Closed on
May 8, 2006
Sold by
Gifford Chadwic
Bought by
Wood Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,600
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2005
Sold by
Janopaul Block Sd #1 Llc
Bought by
Gifford Chadwic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
1%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $655,000 Fidelity National Title
Grant Deed $415,000 Lawyers Title
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $225,000 Chicago Title Company
Grant Deed $582,000 First American Title
Condominium Deed $535,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,000 New Conventional
Previous Owner $243,500 New Conventional
Previous Owner $280,000 Unknown
Previous Owner $81,575 Unknown
Previous Owner $255,000 Unknown
Previous Owner $592,000 Unknown
Previous Owner $74,000 Stand Alone Second
Previous Owner $465,600 Fannie Mae Freddie Mac
Previous Owner $72,000 Credit Line Revolving
Previous Owner $428,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Rented $3,900 0.0% --
05/20/2025 05/20/25 For Rent $3,900 0.0% --
04/26/2024 04/26/24 Sold $655,000 +1.1% $545 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $648,000 +56.1% $540 / Sq Ft
04/03/2014 04/03/14 Sold $415,000 -7.6% $346 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/20/2014 02/20/14 Price Changed $449,000 -5.5% $374 / Sq Ft
01/21/2014 01/21/14 Price Changed $475,000 -4.8% $396 / Sq Ft
12/23/2013 12/23/13 Price Changed $499,000 -5.0% $415 / Sq Ft
12/21/2013 12/21/13 For Sale $525,000 -- $437 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,563 $116,828 $46,731 $70,097
2024 $1,563 $108,493 $43,397 $65,096
2023 $1,758 $125,507 $37,652 $87,855
2022 $2,470 $185,768 $55,730 $130,038
2021 $2,420 $180,004 $54,001 $126,003
2020 $5,915 $465,166 $128,814 $336,352
2019 $5,805 $456,046 $126,289 $329,757
2018 $5,430 $447,105 $123,813 $323,292
2017 $5,298 $438,339 $121,386 $316,953
2016 $5,209 $429,745 $119,006 $310,739
2015 $5,128 $423,291 $117,219 $306,072
2014 $3,965 $325,000 $90,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240005436

San Diego MLS

APN: 534-032-05-03