3126 Russell Street

3126 Russell Street

D

San Diego, CA 92106

$2,199,000

Beds

4

Baths

3.5

Sqft

2,637

Year Built

1975

Days on Market

28

Property Type

Single Family

HOA/mo

N/A

MLS ID

OC26023891

Description

Perched in the heart of Point Loma with sweeping panoramic views of downtown San Diego, the ocean, and the Point Loma, this spacious 4-bedroom, 3.5-bathroom with bonus room home offers an incredible opportunity to own in one of San Diego’s most sought-after coastal communities. Designed to capture stunning vistas from nearly every window on the main floor—including the kitchen, living areas, and the expansive primary bedroom—this home delivers unmatched views and natural light throughout. The rooftop deck provides the perfect perch for enjoying ocean breezes and vibrant sunsets, while the large back patio and oversized yard offer ample space for entertaining, or future outdoor enhancements. With an oversized 2-car garage and multiple indoor and outdoor living areas, there’s plenty of room for both relaxation and creativity. Thoughtfully updated over the years, the home maintains its charm and functionality while offering a blank canvas for a new owner to reimagine and design it to their personal taste, making this a rare chance to create a custom dream home in a premier San Diego location.

Mortgage Calculator

Est. Monthly Payment

$13,960

Principal & Interest$11,119
Property Tax$2,199
Insurance$641
%($439,800)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$7,116
Monthly Cashflow

Rent − PITI − HOA

$-6,843
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,313

Mortgage (P+I)
$11,119
Cap Rate
0.44%
Cash-on-Cash
-18.67%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$13,959

NOI (Annual)
$9,682
Price-to-Rent

Lower = better for investors

25.8

* Defaults: 20% down, 6.5% rate, 30yr.

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