3126 Russell Street, San Diego, California 92106, San Diego, 92106 - 4 bed, 4 bath
3126 Russell Street
San Diego, California 92106
Property Price
SUMMARY
Analysis of 3126 Russell Street, San Diego, California 92106 reveals a property with a current list price of $2,199,000, which is 4% above the estimated $2,097,059 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3126 Russell Street Subject | $2,199,000* List Price | 4 | 4 | 2,637 | $795 | - |
A 3235 Curtis St Sold | $1,590,000 | 4 | 3 | 2,620 | $607 | 0.5 mi |
B 3121 Elliott Street Sold | $1,560,000 | 4 | 3 | 2,294 | $680 | 0.6 mi |
C 1925 Willow Sold | $2,500,000 | 3 | 2 | 2,646 | $945 | 0.1 mi |
D 2793 E Bainbridge Road Sold | $1,743,000 | 3 | 3 | 2,305 | $756 | 0.3 mi |
E 2873 W Bainbridge Road Sold | $2,050,000 | 3 | 3 | 2,630 | $779 | 0.2 mi |
F 3331 Byron St Active | $1,998,000 List Price | 4 | 4 | 2,506 | $797 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1975, the property has been 'thoughtfully updated over the years' but the interior, particularly the kitchen and bathrooms, shows signs of being outdated. While kitchen appliances are stainless steel and appear functional, the wood cabinetry and overall style are traditional and not contemporary. Bathrooms feature similar wood cabinetry and dated finishes. The property is well-maintained and functional, but the description as a 'blank canvas' suggests it requires cosmetic updates to meet current aesthetic standards, aligning with a 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views
The property boasts sweeping panoramic views of downtown San Diego, the ocean, and Point Loma from nearly every main floor window and a dedicated rooftop deck, offering exceptional aesthetic value and a premium lifestyle.
- Prime Coastal Location
Situated in the heart of Point Loma, this home is in one of San Diego’s most sought-after coastal communities, ensuring high demand and strong long-term value appreciation.
- Spacious & Versatile Layout
With 4 bedrooms, 3.5 bathrooms, a bonus room, and multiple indoor and outdoor living areas, the home offers ample space and flexibility for various living arrangements and family needs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2637, other record living area = 2560.
- Potential for Significant Renovation Costs
While offering customization potential, the 'blank canvas' aspect implies that significant investment may be required to modernize or fully personalize the home to contemporary luxury standards.
- Age of Property
Built in 1975, despite being 'thoughtfully updated,' the property may still possess older infrastructure or design elements that could necessitate further upgrades or maintenance to meet current efficiency and aesthetic expectations.
About 3126 Russell Street
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 2,637 | 2,219 | 75% |
| Lot Size | 5,000 | 5,235 | 38% |
| Price | $2.20M | $1.85M | 71% |
| Price per sq ft | $834 | $927 | 31% |
| Built year | 1975 | 1953 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 162 | 14% |
Pricing History
Listed for Sale
Feb 2, 2026
$2,199,000
Initial Listing
Sold
Jan 4, 2017
$111,000
Public Record
Sold
Sep 4, 1998
$499,000
Public Record
Sold
Oct 20, 1997
$385,000
Public Record