




3754 56 Tennyson Street, San Diego, CA 92107
Secure a shovel-ready project in one of San Diego’s most constrained submarkets. This RM-3-7 zoned development play includes a fully permitted 8-unit build in the heart of Point Loma. With permit issuance scheduled for this April, this is a rare chance to avoid the city’s lengthy entitlement process and break ground within weeks of closing. The asset offers possible immediate financial stability through two fully remodeled, furnished homes. By utilizing the bonus-ADU program, this project maximizes density to achieve a projected gross monthly revenue of 23,000 dollars across 9 total units. This is a premier equity play in a Tier 1 location near Liberty Stationand schools. The flexibility of the site allows for a high-yield long-term hold or a strategic condo conversion. We have prepared a complete data room for transparency and speed. This includes all architectural plans, engineering, and a detailed proforma. If you are looking to deploy capital into a project that is ready to build now, this Tennyson Street opportunity is the answer.
Bedrooms
3
Bathrooms
2
Square Feet
1,168
Lot Size
5,602 sqft
Year Built
1941
Property Type
Duplex
Days on Market
0
HOA Fee
N/A
Garage Total
0
MLS #
TR26076439
Interior Features
Breakfast Area, Ceiling Fans, Eat In Kitchen, Laminate Counters, Open Floorplan, Partially Furnished, Recessed Lighting, Tile Counters, Primary Suite
Flooring
Laminate, See Remarks, Wood
Appliances
Freezer, Gas Cooktop, Microwave, Refrigerator, Dryer, Washer
Laundry
Laundry Closet
Main Level Bedrooms
3
Main Level Bathrooms
2
Cooling
Central Air
Heating
Central
Parking Features
Concrete, Driveway, Off Street, Paved, Private, Uncovered
Patio & Porch
Concrete, Front Porch, Porch
Fencing
Chain Link, Fair Condition
Security
Carbon Monoxide Detectors, Fire Rated Drywall, Smoke Detectors
Construction
Adobe, Frame
Foundation
Raised
Roof
Shingle
Direction Faced
Southwest
Lot Features
Zero To One Unit Acre, Eleven To Fifteen Units Acre, Two To Five Units Acre, Six To Ten Units Acre, Back Yard, Cul De Sac, Front Yard
Sewer
Public Sewer
Water Source
Public
Sidewalks
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features
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