3754 Tennyson Street, San Diego, CA 92107
3754 Tennyson Street, San Diego, CA 92107
3754 Tennyson Street, San Diego, CA 92107
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Francisco Lopez

Francisco Lopez

+1(619) 254-7232
$1,599,000
Est. payment /mo
3 Beds
2 Baths
1,168 SqFt
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UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,168 sqft

Price per Sqft $1,369

Subdivision Ocean Beach

MLS Listing ID TR26076439

Style Cottage,Craftsman/Bungalow

Bedrooms 3

Full Baths 2

Year Built 1941

Lot Size 5,602 Sqft

Property Sub-Type Townhome

Property Description

Seize one of San Diego's most constrained submarkets with this shovel-ready development opportunity in the heart of Point Loma. Zoned RM-3-7 and fully entitled with an approved, Ready-to-Issue (RTI) 8-unit plan, this asset lets you bypass the city's lengthy entitlement process entirely and break ground immediately upon closing. The property currently has two fully furnished short-term rental units. The front unit is a 2-bedroom SFH; the rear is a detached 1-bedroom ADU. Both feature full kitchens and in-unit washer/dryers, ready for short- or long-term tenancy from day one. Upon completion of the 8 additional one-bedroom units, the project is projected to achieve $23,000+ in gross monthly revenue. The site's flexibility supports multiple exit strategies: a high-yield, long-term portfolio hold or a strategic condo conversion. A complete data room is ready for immediate review, including approved architectural plans, civil engineering, site plans, and a comprehensive pro forma.

Location

State CA

County San Diego

Zoning RM-3-7

Direction From Nimitz Blvd, turn left onto Chatsworth Blvd, then left onto Tennyson St.

Interior

Interior Features Laminate Counters, Partially Furnished, Recessed Lighting, Tile Counters

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Laminate, Other/Remarks, Wood

Fireplace No

Appliance Dryer, Microwave, Refrigerator, Washer, Freezer, Gas Stove

Exterior

Fence Chain Link, Fair Condition

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Porch Concrete, Porch

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 4494610700

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Jonathan Minerick, DRE#01523060 Homecoin.com 

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Francisco Lopez

Francisco Lopez

+1(619) 254-7232

Agent | DRE / LIC # 01859105

Agent DRE / LIC # 01859105

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3754 Tennyson Street