San Diego, CA 92106 3404 Russell St

Pending
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Presented By: eXp Realty of California, Inc.;
  • MLS# 230020594
  • 10/18/2023
  • Request Tour
  • Request Info
  • BedBeds • 5
  • BathBaths • 5
  • FootageSQFT • 2,709

Home Details

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.
Presented By: eXp Realty of California, Inc.;

Interior Features for 3404 Russell St

Bedrooms

Unit 1 # Bedrooms0
Unit 2 # Bedrooms3
Unit 3 # Bedrooms2

Bathrooms

Unit 3 # of Full Baths2
Unit 2 # of Full Baths2
Unit 1 # of Full Baths1
Unit 1 # Total Baths1
Unit 1 # of Half Baths
Unit 2 # Total Baths2
Unit 3 # Total Baths2
Unit 3 # of Half Baths
Unit 4 # Total Baths

Other Interior Features

Water Heater TypeGas, Tankless
Unit 1 Estimated SqFt400
Unit 2 Laundry Hook UpsYes
Unit 3 Estimated SqFt1190
# of Units w/Dryers3
# of Units w/Fireplaces1
# of Units w/Garage0
# of Units w/Range/Oven3
# of Units w/Refrigerator3
# of Units w/Washers3
Unit 1 Laundry Hook UpsYes
Unit 2 Estimated SqFt1119
Unit 3 Laundry Hook UpsYes
Total Furnished Units1
Units w/Cooling3
Units w/Dishwashers3

General for 3404 Russell St

CFD/Mello-Roos Fee0.0
Community Amenities SAN DIEGO
CoolingCentral Forced Air
Days on Market158
HOA0.0
NeighborhoodLoma Portal
Other Fees0.0
RoofComposition
Sale/RentFor Sale
SecurityN/K
Senior Community Y/NYes
StoriesOther/Remarks
TermsCash, Conventional, FHA, VA
TopographyLevel
Total Units3
ViewBay, City, Evening Lights, Mountains/Hills, Valley/Canyon
WaterMeter on Property
Year Built1939

Exterior for 3404 Russell St

# of Units w/Patios3
Complex/Park
ExteriorStucco
FencingFull
FrontageN/K
Lot Size Area4, 000-7, 499 SF
Number of Buildings2
Unit 1 Exclusive Use YardYes
Unit 2 # of Half Baths0
Unit 2 Exclusive Use YardYes
Unit 3 Exclusive Use YardYes

Additional Details

Price History

1527188455

First Team Client Services

Price $2,399,000
MLS#230020594
List Date 10/18/2023
Property Type Pending
Phone 714.964.3311
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Request Info
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