$355,000
SOLD JUL 31, 2025
1 Bed
1 Bath
498 Sq Ft
$1,046/mo HOA Fee

Recently Sold

$713 Per Sq Ft

7% Below List Price

11 Days on Market

Highlights

  • Fitness Center
  • Panoramic View
  • 0.92 Acre Lot
  • In Ground Pool
  • Gated Community
  • Walk-In Closet

About This Home

As of July 2025

For a limited time, qualified buyers can enjoy a $6,000 credit to apply towards a 3/2/1 interest rate buy down or to prepay HOA dues for added flexibility and peace of mind allowing the new owner to settle in with confidence! This seventh-floor pied-a-terre is bright, inviting, and filled with historic character, featuring one bedroom, one bath, soaring 9-foot windows, and stunning views of the Balboa Park Tower. The bedroom’s elegant double-door entry leads to the bedroom and the unit enjoys a spacious custom walk-in closet, central heat and air, a Nest thermostat, easy elevator access, and one parking space. Beyond its architectural allure, El Cortez delivers resort-style living in a warm, pet-friendly community known for its neighborly camaraderie and friendly chats. Located just minutes from Balboa Park, Petco Park, Little Italy, the Gaslamp Quarter, Seaport Village, San Diego Harbor, and the airport, this residence pairs timeless elegance with unbeatable urban access. Mills Act approval means substantial property tax savings, adding even more value to your investment. At El Cortez, you don’t just own a home—you become part of a living legacy, embraced by a connected and spirited community. It’s elevated downtown living, redefined. Own a piece of San Diego’s storied past in the legendary El Cortez building—an iconic 1926 Spanish Colonial Revival masterpiece perched atop charming Cortez Hill. Residents enjoy expansive terraces with a BBQ area on the 2nd floor terrace, a pool and spa, a fully equipped fitness center, secured bike storage, underground parking with EV charging, and attentive on-site management. Each floor includes community laundry, and with only five homes on the seventh level, only 3 homes share the community laundry on this level. Building and Unit is Mills Act Approved and new owner does not need to re-apply for Mills Act benefit on this unit. Unit comes with 1 unassigned garage parking space. Photos prior to tenant move in. New Stove recently installed. Private laundry can be installed with architectural approval and this is an item that is approvable. Buyer to verify all prior to close of escrow.

Last Agent to Sell the Property

Jenae Peckham

Greater San Diego Real Estate License #01320057 Listed on: 07/10/2025

Last Buyer's Agent

Jenae Peckham

Greater San Diego Real Estate License #01320057 Listed on: 07/10/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1929

Lot Details

  • Property is Fully Fenced
  • Gentle Sloping Lot

HOA Fees

  • $1,046 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Panoramic
  • Views of a landmark
  • Neighborhood

Home Design

  • 498 Sq Ft Home
  • Entry on the 1st floor
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Cement Siding

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • In Ground Pool
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 534-032-05-61

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, sewer, trash pickup, water
  • 85 Units
  • El Cortez HOA
  • El Cortez Community
  • 15-Story Property

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,547

Year Built

Built in 1929

Lot Details

0

HOA Fees

$1,046 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: 7th St
  • Neighborhood: Cortez Hill
  • Supplement: Own a piece of San Diego’s storied past in the legendary El Cortez building—an iconic 1926 Spanish Colonial Revival masterpiece perched atop charming Cortez Hill. Residents enjoy expansive terraces with a BBQ area on the 2nd floor terrace, a pool and spa, a fully equipped fitness center, secured bike storage, underground parking with EV charging, and attentive on-site management. Each floor includes community laundry, and with only five homes on the seventh level, only 3 homes share the community laundry on this level. Building and Unit is Mills Act Approved and new owner does not need to re-apply for Mills Act benefit on this unit. Unit comes with 1 unassigned garage parking space. Photos prior to tenant move in. New Stove recently installed. Private laundry can be installed with architectural approval and this is an item that is approvable. Buyer to verify all prior to close of escrow.
  • LP / Sq Ft: 742.96
  • Miscellaneous: Urban
  • Price Per Sq Ft: 712.85
  • SP/ Sq Ft: 712.85
  • Stories: 1 Story
  • Stories In Building: 15
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1929
  • A D U Yes No: No
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Equipment Available: Dishwasher, Range/Oven, Refrigerator, Electric Cooking
  • Elevator: Yes
  • Searchable Rooms: Walk-In Closet
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 15x9
  • Full Bathrooms: 1
  • Laundry Location: Community, Laundry Room
  • Estimated Sq Ft: 498
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Cement Siding, Concrete
  • Fencing: Full
  • Pool: Below Ground, Community/Common
  • Roof: Composition, Rolled/Hot Mop
  • View: City, Evening Lights, Panoramic, Landmark, Neighborhood, City Lights
  • Three or more Steps To Entry: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 85
  • Total Number of Units: 85
  • Property Management Company: PMP Prop Mgmt
  • Community: DOWNTOWN
  • Complex Features: BBQ, Exercise Room, Gated Community, Laundry Facilities, Pet Restrictions, Pool
  • Home Owner Association: El Cortez HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Limited Insurance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1046.28
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: (619) 877-00

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 7

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Slope Gentle
  • Zoning: SPECIAL AN
  • Assessor Parcel Number: 534-032-05-61
  • 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
Jul 10, 2025
Closed on
Jul 24, 2025
Sold by
Klugherz Laura J and Klugherz Albert David
Bought by
Yaroslav Borsuk and Shumanska Inna
Seller's Agent
Jenae Peckham
Greater San Diego Real Estate
Buyer's Agent
Jenae Peckham
Greater San Diego Real Estate
List Price
$379,995
Sold Price
$355,000
Premium/Discount to List
-$24,995
-6.58%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 14, 2021
Sold by
Curz Joan M Santa and Joan M Santa Cruz Revocable Tr
Bought by
Klugherz Laura J and Klugherz Albert David
Seller's Agent
Lynne Soja
LPT Realty, Inc.
Buyer's Agent
Jenae Peckham
Greater San Diego Real Estate
List Price
$290,000
Sold Price
$286,000
Premium/Discount to List
-$4,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Dec 19, 2006
Sold by
Santa Cruz Joan M
Bought by
Santa Cruz Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 11, 2005
Sold by
Smith Boyd S
Bought by
Santa Cruz Joan M

Purchase Details

Closed on
Sep 29, 2004
Sold by
Janopaul Block S D #1 Llc
Bought by
Smith Boyd S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 15, 1999
Sold by
Janopaul & Block Companies Llc
Bought by
Janopaul Block S D #1 Llc

Purchase Details

Closed on
Jun 3, 1997
Sold by
El Cortez Hotel
Bought by
Janopaul & Block Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
8.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 1994
Sold by
Cortez Corners Inc
Bought by
The El Cortez Hotel
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $355,000 Lawyers Title
Grant Deed $286,000 Lawyers Title
Interfamily Deed Transfer -- California Title Company
Interfamily Deed Transfer -- California Title Company
Grant Deed $305,000 Chicago Title Co
Condominium Deed $275,000 Chicago Title Co
Grant Deed -- Chicago Title Co
Grant Deed -- Chicago Title Co
Grant Deed -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $247,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $192,500 Unknown
Previous Owner $1,900,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 For Sale $385,000 +8.5% $773 / Sq Ft
07/31/2025 07/31/25 Sold $355,000 -4.1% $713 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
07/18/2025 07/18/25 Price Changed $369,995 -2.6% $743 / Sq Ft
07/10/2025 07/10/25 For Sale $379,995 +32.9% $763 / Sq Ft
05/25/2021 05/25/21 Sold $286,000 -1.4% $574 / Sq Ft View Prior Sale
05/09/2021 05/09/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $290,000 -- $582 / 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 $1,547 $130,843 $52,337 $78,506
2024 $1,547 $113,285 $45,314 $67,971
2023 $1,631 $121,006 $36,301 $84,705
2022 $2,036 $155,728 $46,718 $109,010
2021 $2,108 $160,003 $48,000 $112,003
2020 $1,956 $148,180 $44,454 $103,726
2019 $1,582 $124,989 $37,496 $87,493
2018 $1,483 $122,772 $36,831 $85,941
2017 $1,296 $107,652 $32,295 $75,357
2016 $1,237 $102,833 $30,849 $71,984
2015 $1,233 $102,792 $30,837 $71,955
2014 $1,254 $105,107 $31,532 $73,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250032950

San Diego MLS

APN: 534-032-05-61