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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.
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
Amenities
Monthly Cost Estimate
$8,552/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3754 Tennyson Street 56
San Diego, CA 92107
Ocean Beach
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
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.








