Pending

3404 Russell St

Point Loma CA, 92106

$2,399,000


$885.57 per sqft

Pending

5 Beds

5 Baths

2,709 sqft

Multi-family

Built in 1939

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.

230020594

MLS ID

October 3, 2023

Listed

April 26, 2024

Updated

Map

3404 Russell St
Point Loma CA, 92106

Interior Features

Bedrooms

5 Beds


Bathrooms

5 Baths


Appliances

Gas Water Heater,Tankless Water Heater, Dishwasher, Range/Oven, Refrigerator, Dryer, Washer


Laundry Description

Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Roof

Composition

Other Property Details

Area Name

Coastal South


Days on Market

173


Garage

No


View

Yes


View Description

City, Evening Lights, Mountains/Hills, Valley/Canyon


County

San Diego


Water Source

Meter on Property


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/8/2024

Pending

3/12/2024

Active

3/3/2024

Pending

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%

Listed by eXp Realty of California, Inc., Nathan Winnett,
Listing Contact: 858-829-1204 

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