Active

3404 Russell St

San Diego CA, 92106

$2,399,000


$885.57 per sqft

Active

6 Beds

5 Baths

2,709 sqft

Residential

Built in 1939

Listed by Nathan Winnett with eXp Realty of California, Inc. 858-258-7383

3404 Russell St, San Diego, CA 92106 - 3 detached units, separately metered. Remodeled 2-bed, 2-bath front house with wood floors, new appliances, laundry room, and open kitchen-living room layout. Expected $5,500 rental income. Two ADUs: ADU 1 (3/2, 1190 sq ft, $6,500), ADU 2 (Studio Junior ADU, $2,800). Conveniently located near beaches, Liberty Station, Little Italy, downtown, and top restaurants. Front house Airbnb approved. Two new ADUs just completed! Total projected rental income $174,000 per year. ADU 1 with views, decks, and wood floors. ADU 2, Studio Junior ADU with wood floors. Front house: 2-bed, 2-bath, 1,119 sq ft, fully remodeled, $5,500 monthly income. Airbnb permitted front house if so desired for more income. Projected at $210,000 if short term rental front house. Welcome to 3404 Russell St, a meticulously remodeled gem nestled in the heart of San Diego's sought-after neighborhood, CA 92106. This property presents an exceptional opportunity, featuring a beautifully renovated front house, two brand-new construction ADUs, and a prime corner lot location that places you within reach of the finest amenities San Diego has to offer. Front House: This charming front house boasts 2 bedrooms and 2 bathrooms, covering a spacious 1,119 square feet. Immerse yourself in the warmth of the interior, adorned with stunning wood floors that add a touch of timeless elegance. Discover a modern and fully equipped kitchen seamlessly integrated into an open floor plan, connecting harmoniously to the inviting living room. All-new appliances and a full laundry room provide convenience and practicality for everyday living. Enjoy the allure of beautiful wood floors, a feature that carries throughout the residence. What's more, this front house is Airbnb approved for use as a vacation home, making it a fantastic income-generating asset. The property's location is a true advantage, placing you in close proximity to San Diego's renowned beaches, Liberty Station, Little Italy, downtown attractions, and the airport. With a projected rental income of $5,500 per month, this front house is a lucrative prospect for investors or owner-occupants alike. ADU 1: The first ADU is a spacious 3-bedroom, 2-bathroom unit spanning 1,190 square feet. Revel in breathtaking views that extend all the way to the captivating La Jolla point. Unwind on two expansive decks featuring bifold doors and lofty ceilings, creating an indoor-outdoor living experience like no other. The richness of wood floors flows gracefully throughout, enhancing the sense of luxury. This ADU is anticipated to command a rental income of $6,500 per month. ADU 2 (Junior ADU): ADU 2 offers the comfort of a Studio Junior ADU with wood floors seamlessly spread throughout. An ideal choice for those seeking a cozy living space, it offers flexibility as a separate rental or an extension of the main residence. With a projected rental income of $2,500 per month, it's an attractive investment option. As a bonus, savor beautiful sunset views and the mesmerizing evening lights from the front house, adding an extra layer of enchantment to your everyday life. 3404 Russell St represents not just a home but a remarkable investment opportunity. Live in one unit while generating substantial rental income from the others, all within a luxurious and well-appointed setting. Don't miss out on this unique chance to own a property that combines the charm of a complete remodel with the allure of brand-new ADUs, set to be completed by November 15th, or possibly even sooner. It's your gateway to a lifestyle of convenience, elegance, and financial potential in San Diego.

230019873SD

MLS ID

October 3, 2023

Listed

February 26, 2024

Updated

Map

3404 Russell St
San Diego CA, 92106

Interior Features

Total Stories

1


Bedrooms

6 Beds


Bathrooms

5 Baths


Appliances

Dishwasher, Disposal, Refrigerator


Laundry Description

Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Fireplace(s), Natural Gas

Exterior/Building Features

Roof

Composition

Other Property Details

Area Name

92106 - Point Loma


Days on Market

143


Garage

No


Parking

Other


Parking Total

0


View

Yes


County

San Diego


Pool

No


Pool Features

None


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

1/29/2024

Price Change

$2,399,000

-3%

1/18/2024

Price Change

$2,449,000

-1%

11/29/2023

Price Change

$2,450,000

-2%

Listing Contact: 858-258-7383 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/26/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/26/2024 at 9:14 PM UTC

 

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