3036 Russell St.
1 / 20

3036 Russell St.

Ctop 80%

San Diego, CA 92106

$1,599,000
NEW — 1d
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

63 licensed short-term rentals within ½ mile (33 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$7,272/mo full cashflow at 20% down, 7.36% rate.

Works at $647,437 (60% under asking), or at 86% down.

Rent $6,426/mo from 8 leases of 2–4 bed houses within 0.5 mi ($6,042–$6,429).

Beds

3

Baths

2

Sqft

1,725

Year Built

1953

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026818SD

This property is in San Diego (92106). View neighborhood stats →

Virtual Tour

About This Property

Single-story 3-bedroom, 2-bath home in Point Loma’s desirable Roseville neighborhood, offering convenient access to Liberty Station, local beaches, shopping, dining, downtown San Diego, major freeways, and the airport. The spacious deck takes advantage of views of downtown San Diego, city lights, surrounding hills, and the Coronado Bridge. Inside, the living room features tray ceilings and abundant natural light. The primary bedroom features an expansive layout, two walk-in closets, built-in shelving, a sliding glasss door to the rear year and an en-suite bath. The kitchen offers granite countertops, a six-burner gas range, pull-out cabinet drawers, glass-front cabinetry, and direct access to the rear yard and garage. Hardwood floors extend throughout the main living areas, with ceiling fans in the bedrooms and dining room. The low-maintenance rear yard features artificial turf and a concrete patio. Enjoy the convenience of a single-story floor plan and all that Point Loma has to offer.

Mortgage Calculator

Est. Monthly Payment

$10,887

Principal & Interest$8,822
Property Tax$1,599
Insurance$466
%($319,800)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Loma Portal Elementary · grades K-4 · San Diego Unified

  • Middle

    Correia Middle · grades 7-8 · San Diego Unified

  • High

    Point Loma High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

14C
Est. Monthly Rent
$6,426

8 leases of 2–4 bed houses within 0.5 mi · $6,042–$6,429

Blended 50/50 with the zip's market median ($6,622)

Monthly Cashflow

Rent − PITIA

-$4,461
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,272

What would make this work?

$7,272/mo short at 20% down; 86% down or +$9,444/mo rent closes it.

Break-even price

60% under asking

$647,437
Break-even rent

$9,444/mo above the estimate

$15,870/mo
Cashflow at 35% down
−$5,617/mo
Down payment to break even

$1,375,140 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$8,822
Cap Rate
1.40%
Cash-on-Cash
-27.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.59

NOI (Annual)
$22,462
Price-to-Rent

Lower = better for investors

20.7

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
CCashflow−$7,272/mo