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3754 Tennyson St, San Diego, CA, 92107

3beds
2baths
1,168sqft
$1,624,000
$1,390price/sqft
$9,659/moest. monthly cost
$386,360/yrincome needed

About This Home

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.

Getting Around

88
WalkingVery Walkable
28
TransitSome Transit
76
BikeVery Bikeable

Schools

8/10
Dana Middle SchoolGrades 5-60.4 mi
6/10
Correia Middle SchoolGrades 7-80.7 mi
9/10
Point Loma High SchoolGrades 9-120.3 mi

Construction

Condition

  • Property condition: Additions/Alterations,Building Permit,Updated/Remodeled
  • Year built: 1941

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Adobe,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Cottage,Mid-Century Modern
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Freezer,Gas Cooktop,Microwave,Refrigerator,Dryer,Washer
  • Laundry features: Laundry Closet

Bathroom

  • Features: Bathtub,Quartz Counters,Stone Counters,Remodeled,Separate Shower,Tub Shower,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Breakfast Area,Ceiling Fan(s),Eat-in Kitchen,Laminate Counters,Open Floorplan,Partially Furnished,Recessed Lighting,Tile Counters,Primary Suite
  • Door features: Insulated Doors
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Laminate,See Remarks,Wood
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,168 sqft

Kitchen

  • Features: Laminate Counters,Kitchenette,Quartz Counters,Stone Counters

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 4494610700
  • Zoning: RM-3-7
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Concrete,Front Porch,Porch
  • Spa features: None
  • Fencing: Chain Link,Fair Condition
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,602 sqft
  • Features: 0-1 Unit/Acre,11-15 Units/Acre,2-5 Units/Acre,6-10 Units/Acre,Back Yard,Cul-De-Sac,Front Yard

Parking

  • Parking features: Concrete,Driveway,Off Street,Paved,Private,Uncovered