For Sale: 3404 Russell St, San Diego, CA 92106. 6-bedroom 5-bath, 2709 sf, 1939 POINT LOMA $2,399,000 begin new search
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Overview

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.

Address 3404 Russell St

San Diego, CA 92106
Listing Status ACTIVE
Asking Price $2,399,000
Original Listing $2,499,000 @ 2023-10-03
Terms Cash,Conventional,FHA,VA
Ownership
Age Restriction N/K
Property Type Fee Simple
Property Restrictions None Known
Sales Restrictions N/K
Mello-Roos Fee $0
HOA Fee $0
Rooms
N/K
Square Footage 2709 sf
Bedrooms 6 + 0 optional
Full Bathrooms 5
Family Room 0
Living Room 20x14
Dining Room 11x7
Kichen 12x9
Master Bedroom 13x11
2nd Bedroom 12x10
3rd Bedroom 0
4th Bedroom 0
5th Bedroom 0
Location
Directions Not Provided
Cross Street Plum
Market Area Coastal South
Community Area POINT LOMA
Neighborhood Loma Portal
School District Not Listed
Public Records
County San Diego
Assessor Parcel# 450-012-04-00
Geographic Areas

Community College District: San Diego CC

School District: San Diego Unified

Zip Code: 92106

Highway Locator

West of I-15

West of I-5

South of I-8

West of I-805

West of SR-163

South of SR-52

South of SR-56

South of SR-78

Ocean Distance 2.7 miles
Features
Year Built 1939
Laundry Location Laundry Room
Elevator Not Listed
Cooling Central Forced Air
Heating Natural Gas Fireplace, Forced Air Unit
Sewer/Septic Sewer Connected
Fireplaces Not Listed
Equipment Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
Monthly Payment Calculator
Listing Source
Platform SDMLS
AOR San Diego Association of REALTORS (SDAR)
MLS Number 230019873
Courtesy of eXp Realty of California, Inc., eXp Realty of Southern California, Inc.
Exterior
Style Detached 1 Story
Material Stucco
Lot Size 4,000-7,499 SF
Fencing Partial
Topography Level
Roof Composition
Swimming Pool N/K
Parking
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces: 0 -
View Evening Lights, Valley/Canyon