3754 56 Tennyson Street, San Diego, CA 92107

San Diego
Local realty services provided by:ERA North Orange County Real Estate
3754 56 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:CRMLS

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 03:31 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Laminate, Wood
  • Kitchen Description:Freezer, Gas Cooktop, Laminate Counters, Microwave, Refrigerator, Washer
  • Living area:1,168 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1941
  • Building area:1,168 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Back Yard, Cul De Sac, Front Yard
  • Architectural Style:Bungalow, Cottage, Mid Century Modern
  • Construction Materials:Adobe, Frame
  • Exterior Features:Concrete Patio, Front Porch, Porch
  • Foundation Description:Raised
  • Levels:1 Story

Schools

  • Middle school:Dana

Utilities

  • Water:Public, Water Available, Water Connected
  • Sewer:Public Sewer, Sewer Available, Sewer Connected

Finances and disclosures

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

Features and amenities

  • Appliances:Dryer, Freezer, Gas Cooktop, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Laundry Closet, Washer
  • Amenities:Carbon Monoxide Detectors, Ceiling Fans, Double Pane Windows, Fire Rated Drywall, Insulated Windows, Open Floorplan, Partially Furnished, Recessed Lighting, Smoke Detectors
Based on information from California Regional Multiple Listing Service, Inc. as of March 6, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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