$1,649,000

3754 56 Tennyson Street, San Diego, CA 92107

  • 3 beds |
  • 2 baths |
  • 1,168 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon5,602sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,412/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

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.

Listing Status:
Active
Date Added:
April 10, 2026
Data Last Updated:
April 15, 2026 at 6:17PM
Listing Office:
Homecoin.com : 888-400-2513
Listing Agent:
Jonathan Minerick : 888-400-2513
MLS ID:
TR26076439
  • General: Breakfast AreaCeiling Fan(s)Eat-in KitchenLaminate CountersOpen FloorplanPartially FurnishedRecessed LightingTile CountersPrimary Suite
  • Appliances: FreezerGas CooktopMicrowaveRefrigeratorDryerWasher
  • Laundry: Laundry Closet
  • Flooring: LaminateSee RemarksWood
  • A/C: Central Air
  • Heating: Central
  • Fireplace: None
  • Eco/Green Feature: HVACRoofThermostatWindows
  • General: None
  • Style: BungalowCottageMid-Century Modern
  • Other Structures: PorchFront PorchConcrete
  • Pool: None
  • Parking: ConcreteDrivewayOff StreetPavedPrivateUncoveredParking spaces: 0
  • Roofing: Shingle
  • Windows: Double Pane WindowsInsulated Windows
  • General: AdobeFrame1Raised
  • Road/Access: City Street
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • School District: San Diego Unified
  • County: San Diego
  • Zoning: RM-3-74494610700
  • View: None
  • Fencing: Chain LinkFair Condition
  • Utilities: Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Jonathan Minerick , Homecoin.com

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dana Middle School

1775 Chatsworth Blvd, San Diego, CA, 92107

Grades 5-6

0.44 miles away

C

Correia Middle School

4302 Valeta St, San Diego, CA, 92107

Grades 7-8

0.67 miles away

P

Point Loma High School

2335 Chatsworth Blvd, San Diego, CA, 92106

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.