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About This Home

This 3-bedroom, 2-bathroom multi-family at 3754 Tennyson Street 56 in San Diego, CA is listed for $1,599,000 ($1,369 per sqft). Built in 1941, the home offers 1,168 sqft of living space on a 0.13 acres lot.

Agent 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.

Key Features

  • Built in 1941
  • 0.13 acre lot

Property Details

1 story
2 full
1941

Amenities

View

Monthly Cost Estimate

$8,552/mo

20% down · 6.5% · 30 years

Principal$1,156
Interest$6,929
Insurance$466

Estimates only. Actual payments may vary.

Location

3754 Tennyson Street 56

San Diego, CA 92107

Ocean Beach

Features & Amenities

Interior Features

Partially FurnishedLaminate CountersCeiling Fan(s)Recessed LightingOpen FloorplanTile CountersInsulated DoorsWindow Features: Double Pane WindowsInsulated Windows

Exterior Features

FenceCommunity Features Included: Sidewalks11-15 Units/AcreCul-de-sac0-1 Unit/Acre2-5 Units/AcreFront YardBack Yard6-10 Units/Acre

Property Details

Flooring

LaminateWood

Construction

AdobeFrame

Views

None

Parking

DrivewayOff StreetPaved or Surfaced

Heating

Central

Cooling

Central Air

Appliances

CooktopCooktop - GasFreezerMicrowaveRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom multi-family at 3754 Tennyson Street 56 is listed at $1,599,000 ($1,369/sqft). The estimated monthly payment is $6,929 based on 20% down at 6.5% interest.

Key features include: Built in 1941, 0.13 acre lot. Interior Features: Partially Furnished, Laminate Counters, Ceiling Fan(s). Exterior Features: Fence, Community Features Included: Sidewalks, 11-15 Units/Acre.

This property is listed by Jonathan Minerick and can be reached at 8884002513 or info@homecoin.com.

JM

Jonathan Minerick

Agent at Homecoin.com

(888) 400-2513

Listed by Homecoin.com · View on Broker Site

MLS# TR26076439· Source: listhub· Updated 52 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3754 Tennyson Street 56, San Diego, CA 92107

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