3754 Tennyson Street, San Diego, CA 92107

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
3754 Tennyson Street,San Diego, CA 92107
$1,749,000
  • 3 Beds
  • 2 Baths
  • 1,168 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan minerick
Office: homecoin.com
MLS#:TR26043709
Source:CAREIL

Price summary

  • Price:$1,749,000
  • Price per sq. ft.:$1,497.43

About this home

This is a de-risked development play for a developer looking to significantly shorten the City of San Diego entitlement timeline. The property is zoned RM-3-7 and is being sold with plans for 8 additional units already in the final stages of the approval process. The project is expected to be fully stamped and ready for permit issuance by end of March, allowing a buyer to move into the construction phase almost immediately upon closing. While you prepare to pull permits and mobilize, the site provides immediate carry income to offset holding expenses. This turnkey revenue stream ensures the asset is working for you from day one. Providing a clean slate for construction or immediate market-rate leasing. The project is designed to maximize the density of this Tier 1 location using the ADU program. Upon completion of the 8 additional one-bedroom units, the expected gross monthly revenue is 23,000 dollars. This represents a substantial equity play in a high-demand coastal submarket.

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Home facts

  • Year built:1941
  • Listing ID #:TR26043709
  • Added:1 day(s) ago
  • Updated:March 06, 2026 at 03:16 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Laminate
  • Dining Description:Breakfast Nook
  • Kitchen Description:Freezer, Microwave, Refrigerator
  • Living area:1,168 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1941
  • Building area:1,168 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Corners Marked, Cul-de-sac, Mid Block
  • Architectural Style:Bungalow, Cottage
  • Exterior Features:Patio, Porch - Other
  • Foundation Description:Raised
  • Levels:1 Story

Schools

  • Middle school:DANA

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,749,000
  • Price per sq. ft.:$1,497.43

Features and amenities

  • Laundry features:Dryer, In Closet, Washer
  • Amenities:Ceiling Fan(s), Double Pane Window(s)
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