$533,000
SOLD SEP 3, 2021
2 Beds
2 Baths
1,063 Sq Ft
$957/mo HOA Fee

Recently Sold

$501 Per Sq Ft

1% Below List Price

19 Days on Market

Highlights

  • Two Primary Bedrooms
  • Community Pool
  • Subterranean Parking
  • 0.92 Acre Lot
  • Home Gym
  • Dining Area

About This Home

As of April 2023

Experience downtown living at it’s best! Welcome to the historic El Cortez building, known for its celebrity guests including former Presidents and Elvis Presley. Located just blocks from the Gaslamp, East Village, Little Italy, Petco Park, and the Embarcadero, this property has quick access to freeways, restaurants and shopping and San Diego International Airport. This beautifully upgraded 2 bed, 2 bath unit is located on the highly preferable Southwestern side of the building. This corner unit is full of light and dramatic views of the city lights, plus peaks of the Coronado Bridge and bay. Completely remodeled kitchen: cabinets, stainless appliances, marble counters and floor. Gorgeous new wood floors throughout, laundry in unit, and fresh cool paint finishes in grey/blue tones. Bath upgrades include vanities, sinks, faucets, hardware, and paint. Building amenities include a heated pool, spa, bbq, full fitness center, 24/7 valet service and secured entry. Neighborhood parking permit available for $9 a year for any additional household cars. Big plus: This home qualifies for the Mills Act! Save up to 55% on your property taxes with this program!

Last Agent to Sell the Property

Tim Diamond

Compass License #01967252 Listed on: 06/04/2021

Compass

Last Buyer's Agent

Darin Triolo

Keller Williams Realty License #01376927

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1929

Lot Details

  • Property is Fully Fenced

HOA Fees

  • $957 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,063 Sq Ft Home
  • Dining Area
  • Home Gym

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Listing and Financial Details

  • Assessor Parcel Number 534-032-05-27

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community
  • 85 Units
  • Pmp Association, Phone Number (760) 400-7827
  • El Cortez Community
  • 15-Story Property

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,969

Year Built

Built in 1929

Lot Details

0

HOA Fees

$957 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: El Cortez
  • Neighborhood: El Cortez
  • LP / Sq Ft: 505.17
  • Price Per Sq Ft: 501.41
  • SP/ Sq Ft: 501.41
  • Stories: 1 Story
  • Stories In Building: 15
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1929
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 308
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Dryer, Fire Sprinklers, Washer, Electric Stove, Gas Cooking
  • Elevator: Yes
  • Searchable Rooms: Dining Area, Exercise Room, Master Bdrm 2, Gym, Master Bathroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 15x13
  • Full Bathrooms: 2
  • Laundry Location: Inside
  • Estimated Sq Ft: 1063
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Pool: Community/Common

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Public Sewer
  • Water: Public
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Total Fees: 11484.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 85
  • Total Number of Units: 85
  • Community: DOWNTOWN
  • Home Owner Association: PMP
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 957.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 760-400-7827

Association/Amenities

  • Entry Level Unit: 3

Fee Information

  • Total Monthly Fees: 957

Lot Info

  • Lot Size: 0 (Common Interest)
  • Zoning: SPECIAL AN
  • Assessor Parcel Number: 534-032-05-27
  • 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 10, 2023
Closed on
Mar 22, 2023
Sold by
Lachman Ned J and Lachman Theresa L
Bought by
Future Horizons 2016 Trust
Seller's Agent
Darin Triolo
Keller Williams Realty
Buyer's Agent
Soraya Baloyan
eXp Realty of Southern California, Inc.
List Price
$575,000
Sold Price
$606,000
Premium/Discount to List
$31,000
5.39%
Total Days on Market
19
Views
127
Current Estimated Value
$645,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,909
Avg. Annual Appreciation
2.89%

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 20, 2021
Sold by
Kau Ryan Lee and Kau Grace Lee
Bought by
Lachman Ned J and Lachman Theresa L
Seller's Agent
Tim Diamond
Compass
Buyer's Agent
Darin Triolo
Keller Williams Realty
List Price
$537,000
Sold Price
$533,000
Premium/Discount to List
-$4,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$426,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2016
Closed on
Jul 15, 2016
Sold by
Roth Joseph L
Bought by
Kau Ryan Lee and Kau Grace Lee
Seller's Agent
Tina Dameron
Dwell Well Realty
Buyer's Agent
Gina Drucker
Hill Realty Group
List Price
$549,000
Sold Price
$541,000
Premium/Discount to List
-$8,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.29%

Purchase Details

Closed on
Feb 1, 2013
Sold by
Department Of Veterans Affairs Of The St
Bought by
Roth Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2004
Sold by
Janopaul Block S D #1 Llc
Bought by
Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 20, 2004
Sold by
Va
Bought by
Roth Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $606,000 Fidelity National Title
Grant Deed -- Ticor Title San Diego Branch
Grant Deed $541,000 Title 365
Grant Deed -- Stewart Title Of California
Condominium Deed $519,000 Chicago Title Co
Contract Of Sale -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $426,400 New Conventional
Previous Owner $190,000 Adjustable Rate Mortgage/ARM
Previous Owner $90,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $606,000 +5.4% $570 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $575,000 +7.9% $541 / Sq Ft
09/03/2021 09/03/21 Sold $533,000 -0.7% $501 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $537,000 -0.7% $505 / Sq Ft
07/25/2016 07/25/16 Sold $541,000 -1.5% $509 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $549,000 -- $516 / 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 $1,969 $153,721 $61,488 $92,233
2024 $1,969 $142,754 $57,101 $85,653
2023 $2,119 $163,159 $48,947 $114,212
2022 $2,705 $213,189 $63,956 $149,233
2021 $3,393 $260,005 $78,001 $182,004
2020 $3,343 $256,846 $77,053 $179,793
2019 $3,196 $245,095 $73,528 $171,567
2018 $3,448 $279,131 $83,739 $195,392
2017 $3,519 $287,026 $86,107 $200,919
2016 $1,782 $145,680 $43,704 $101,976
2015 $1,776 $145,622 $43,686 $101,936
2014 $1,594 $131,384 $39,415 $91,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210015402

San Diego MLS

APN: 534-032-05-27