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Sold for $2,330,000
  • $2,330,000

    3404 Russell St, San Diego, CA 92106

    5beds
    --sqft
    Multi Family
    Built in 1939
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $4,827 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,827/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathan Winnett DRE #01320737 858-829-1204,

    eXp Realty of California Inc,

    Vanessa D Peraza Virissimo DRE #02024331 702-296-8570,

    eXp Realty of Southern CA

    Bought with:

    Rhonda Hebert, DRE #01372413

    eXp Realty of California, Inc.

    Thomas Sitterly, DRE #02078034

    eXp Realty of California, Inc

    Source: SDMLS,MLS#: 230020594MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Cooling
    • Central Forced Air
    Interior area
    • Total structure area: 2,709

    Property

    Features
    • Levels: Other/Remarks
    • Fencing: Full
    • Has view: Yes
    • View description: Bay, City, Evening Lights, Mountains/Hills, Valley/Canyon
    • Has water view: Yes
    • Water view: Bay
    • Frontage type: N/K
    Details
    • Parcel number: 4500120400

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1939

    Utilities & green energy

    • Water: Meter on Property

    Community & HOA

    Community
    • Security: N/K
    • Subdivision: SAN DIEGO
    Location
    • Region: San Diego

    Financial & listing details

    • Tax assessed value: $2,376,600
    • Annual tax amount: $30,295
    • Date on market: 10/3/2023
    • Listing terms: Cash,Conventional,FHA,VA
    • Tenant pays: N/K

    Price history

    DateEventPrice
    5/13/2024Sold$2,330,000-2.9%
    Source: SDMLS #230020594 Report a problem
    4/8/2024Pending sale$2,399,000
    Source: SDMLS #230020594 Report a problem
    3/12/2024Listed for sale$2,399,000
    Source: SDMLS #230019873 Report a problem
    3/2/2024Pending sale$2,399,000
    Source: SDMLS #230019873 Report a problem
    1/29/2024Price change$2,399,000-2%
    Source: SDMLS #230019873 Report a problem
    1/18/2024Price change$2,449,0000%
    Source: SDMLS #230020594 Report a problem
    11/29/2023Price change$2,450,000-2%
    Source: SDMLS #230020594 Report a problem
    10/7/2023Listed for sale$2,499,000+110%
    Source: SDMLS #230019873 Report a problem
    2/16/2022Sold$1,190,000-0.8%
    Source: Public Record Report a problem
    1/24/2022Pending sale$1,200,000
    Source: SDMLS #210033732 Report a problem
    1/22/2022Price change$1,200,000-7.7%
    Source: SDMLS #210033732 Report a problem
    1/3/2022Listed for sale$1,300,000+441.7%
    Source: SDMLS #210033732 Report a problem
    2/11/1999Sold$240,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$30,295 +98.8%$2,376,600 +92%
    2024$15,239 +2.3%$1,238,076 +2%
    2023$14,904 +243%$1,213,800 +242.4%
    2022$4,345 +0.7%$354,529 +2%
    2021$4,316 +1.2%$347,578 +1%
    2020$4,264 +2.6%$344,015 +2%
    2019$4,155 +6.1%$337,271 +2%
    2018$3,916 +2.4%$330,658 +2%
    2017$3,823 +1.6%$324,175 +2%
    2016$3,762 +1.5%$317,820 +1.5%
    2015$3,707 +1.6%$313,047 +2%
    2014$3,649 $306,916 +0.5%
    2013-- $305,530 +2%
    2012-- $299,540 +2%
    2011-- $293,668 +0.8%
    2010-- $291,475 -0.2%
    2009-- $292,168 +2%
    2008-- $286,440 +2%
    2007-- $280,824 +2%
    2006-- $275,318 +2%
    2005-- $269,921 +2%
    2004-- $264,629 +1.9%
    2003-- $259,780 +2%
    2002-- $254,687 +2%
    2001-- $249,694
    Find assessor info on the county website

    Neighborhood: Loma Portal

    Nearby schools

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