6 months on rocket

Sale Pending

3404 Russell St, San Diego, CA, 92106

$2,399,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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3404 Russell St, San Diego$2,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1939
CoolingCentral Air
ViewBay
MLS #230020594SD
StatusSale Pending
(Pending)

About 3404 Russell St

GORGEOUS NEW DETACHED UNITS AVAILABLE NOW!!! Total projected annual rental income: $174,000.00 / Potential for higher income projected at $210,000/year if front house used as short-term rental. FRONT HOUSE: $5,500/month UNIT 1: $6,500/month UNIT 2: $2,800/month Three detached units, each separately metered. The front house is remodeled, 2-bed, 2-bath house with wood floors, new appliances, laundry room, and open kitchen-living room layout. It is Airbnb approved and is 1,190 square feet. The two additional units are brand new builds. UNIT 1 is 1119 sq ft, 3-bed/2-bath, and features beautiful views from the second floor facing southeast & west with bi-fold doors on both sides, decks, and wood floors throughout. UNIT 2 (Studio) also has wood floors throughout, stacked W/D, full kitchen and spacious bathroom. Conveniently located near beaches, Liberty Station, Little Italy, downtown, and restaurants. Rental Income: Overall, a lucrative investment property due to its location, views and amenities. Variance granted for 2-4 units. Welcome to 3404 Russell St, San Diego, CA 92106! 3 Detached Units!!! This property offers a fully remodeled 2-bed, 2-bath front house with 1,190 sq ft on a corner lot with sunset and city light views. It features wood floors, new appliances, a full laundry room, and an open kitchen-living room layout. It is expected to yield $5,500 in rental income for investors. This property is an excellent investment opportunity or a comfortable owner-occupancy with 2 UNITS completely detached from the house to offset monthly mortgage. You'll be conveniently close to beaches, Liberty Station, Little Italy, downtown, and top restaurants and shops. The front house is Airbnb approved. Additionally, two new units will be completed by November 15th: Total projected rental income $174,000 a year!!! Front House: Full Remodel - 2 bed, 2 bath house 1190 sq ft. Views of evening lights. Laundry room and large front yard for entertaining. Rental income of 5,500 a month. Unit 1: New Construction - A 3-bed, 2-bath unit with 1,119 sq ft and stunning views. It includes two decks with bifold doors and wood floors throughout, with a projected rental income of $6,500 per month. Views to Pacific Beach and La Jolla. Unit 2: New Construction - A Studio with wood floors, ideal for rental adjacent to Unit 1 $2,500 per month.

Property Details

Property Features

Property Information:

  • Year Built: 1939

Listing Office:

  • Office Name: eXp Realty of California, Inc.
  • Office Phone: (858) 258-7383
  • Listing Agent: Nathan Winnett

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Tankless Water Heater

Exterior Features

Exterior Information:

  • View: Bay

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Point Loma High School, Public Magnet Grades 9-12
  • Dana Middle School, Public District Grades 5-6
  • Correia Middle School, Public Magnet Grades 7-8
  • Loma Portal Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: CrossStreet: Plum

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,399,000

Tax Information:

  • Annual Amount: $4,264
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Diego, CA.

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San Diego, CA

City

Med. Sold Price

$905.2K

Med. Price/SqFt

$674

Avg. Days On Market

19

# of Sold Homes

716

3404 Russell St vs San Diego

192 DAYS ON ROCKET

+173 Days

$2,399,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in San Diego, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #230020594SD

Listing Office:

  • Office Name: eXp Realty of California, Inc.
  • Office Phone: (858) 258-7383
  • Listing Agent: Nathan Winnett

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 11, 1999Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,264$347,578
2020$4,263$344,015
2019$3,916$337,271
2018$3,916$330,658
2017$3,823$324,175

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,259

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1847681
8
/10

  • Loma Portal Elementary School

  • 3341 Browning St

  • 0.44 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1847682
6
/10

  • Dana Middle School

  • 1775 Chatsworth Blvd

  • 0.42 miles

  • Public District Grades 5-6

school-card-donut-1847683
7
/10

  • Correia Middle School

  • 4302 Valeta St

  • 0.99 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-1847684
8
/10

  • Point Loma High School

  • 2335 Chatsworth Blvd

  • 0.31 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,893. Residents of San Diego, CA typically earn between $35k-100k each year. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3404 Russell St

What is the listing price of this property?

The listing price of 3404 Russell St property is $2,399,000.

What type of property is this?

The property 3404 Russell St is a house located in San Diego, California, 92106.

Is this property for sale now?

Sale Pending: 3404 Russell St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 3404 Russell St are:
Loma Portal Elementary School: GreatSchools Rating 8/10
Dana Middle School: GreatSchools Rating 6/10
Correia Middle School: GreatSchools Rating 7/10
Point Loma High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,264 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 11, 1999 for $240,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 3404 Russell St is 1939.

Rocket Homes›California›San Diego County›San Diego›92106›3404 Russell St

This home is located at 3404 Russell St in San Diego, CA and zip code 92106 in the Loma Portal neighborhood. This home was built in 1939. It has been listed on Rocket Homes since October 18, 2023 and is currently priced at $2,399,000.

While more than 358 listings in San Diego, CA in March 2024 were sold above asking price, there were more than 120 listings sold at asking price, and more than 238 were sold below. In March 2024 in San Diego, CA there were 8.4% more homes for sale than in February 2024. In March 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $905,281.

From Rocket Homes Real Estate and based on county public records data.

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