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3126 Russell Street, San Diego, California 92106, San Diego, 92106 - 4 bed, 4 bath

3126 Russell Street, San Diego, California 92106 home-pic-0
ACTIVE$2,199,000
3126 Russell Street, San Diego, California 92106
4Beds
4Baths
2,637Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($2,193,207.73) is $5,792.27 (0%) lower than the list price ($2,199,000). This property may be overpriced.

Key pros and cons

Top Pros:
Premier Coastal Location: Situated in the highly desirable Point Loma neighborhood of San Diego, offering a prestigious address and community appeal with easy access to coastal amenities.
Top Cons:
Listed Above Estimated Value: The current listing price is 4% higher than the property's estimated value, coupled with a recent price reduction from the original list price, suggesting potential overpricing or market resistance.

Compared to the nearby listings

Price:$2.20M vs avg $2.00M (+$201,500)63%
Size:2,637 sqft vs avg 2,318 sqft64%
Price/sqft:$834 vs avg $88234%

More Insights

Built in 1975 (50 years old).
Condition: Built in 1975, this property is aged but appears well-maintained. While some elements like stainless steel appliances and updated decks are present, the kitchen features dated honey oak cabinets, older hardwood flooring, and track lighting. The bathrooms are also largely outdated, particularly the first one with its older tiles and vanity. The listing description itself refers to the home as a 'blank canvas' for a new owner to 'reimagine and design,' indicating that significant cosmetic updates are needed to meet contemporary standards and tastes. Major systems appear functional, but the overall aesthetic and some components show signs of being outdated, aligning with the 'fair' condition criteria.
Year Built
1975
Close
-
List price
$2.2M
Original List price
$2.4M
Price/Sqft
$834
HOA
-
Days on market
-
Sold On
-
MLS number
OC25161034
Home ConditionFair
Features
Excellent View: City Lights, Ocean, Panoramic
Deck
Patio
ViewCity Lights,Ocean,Panoramic

About this home

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.

Condition Rating
Fair
Built in 1975, this property is aged but appears well-maintained. While some elements like stainless steel appliances and updated decks are present, the kitchen features dated honey oak cabinets, older hardwood flooring, and track lighting. The bathrooms are also largely outdated, particularly the first one with its older tiles and vanity. The listing description itself refers to the home as a 'blank canvas' for a new owner to 'reimagine and design,' indicating that significant cosmetic updates are needed to meet contemporary standards and tastes. Major systems appear functional, but the overall aesthetic and some components show signs of being outdated, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Premier Coastal Location: Situated in the highly desirable Point Loma neighborhood of San Diego, offering a prestigious address and community appeal with easy access to coastal amenities.
Unrivaled Panoramic Views: Features sweeping panoramic views of downtown San Diego, the Pacific Ocean, and Point Loma from nearly every main floor window and a dedicated rooftop deck.
Generous Living Space: A spacious 4-bedroom, 3.5-bathroom home with a bonus room and 2637 sqft, providing ample room for family living and entertaining.
Exceptional Outdoor Amenities: Includes a rooftop deck, large back patio, and an oversized yard, offering diverse outdoor living and entertainment opportunities.
Customization Opportunity: Presented as a 'blank canvas,' allowing a new owner the unique chance to personalize and design a custom dream home to their specific tastes in a prime location.

Cons

Listed Above Estimated Value: The current listing price is 4% higher than the property's estimated value, coupled with a recent price reduction from the original list price, suggesting potential overpricing or market resistance.
Potential for Significant Renovation Costs: Built in 1975 and described as a 'blank canvas' for reimagining, indicating that substantial investment may be required for modernization and personalization to meet contemporary standards.
Unspecified System Updates: While 'thoughtfully updated over the years,' the description lacks specifics on major system upgrades (e.g., HVAC, plumbing, electrical), which could be a concern for a home of this age and may necessitate further inspection and potential investment.

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