56 Tennyson Street, San Diego, CA 92107

San Diego
Local realty services provided by:ERA North Orange County Real Estate
56 Tennyson Street,San Diego, CA 92107
$1,599,000
  • 3 Beds
  • 2 Baths
  • 1,168 sq. ft.
  • Single family
  • Active
Listed by: jonathan minerick
Office: homecoin.com888-400-2513
MLS#:TR26076439
Source:CRMLS

Price summary

  • Price:$1,599,000
  • Price per sq. ft.:$1,369.01

About this home

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.

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Home facts

  • Year built:1941
  • Listing ID #:TR26076439
  • Added:3 day(s) ago
  • Updated:May 22, 2026 at 10:40 AM

Rooms and interior

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

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

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, FrontPorch, Porch
  • Foundation Description:Raised
  • Levels:1 Story

Utilities

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

Finances and disclosures

  • Price:$1,599,000
  • Price per sq. ft.:$1,369.01

Features and amenities

  • Appliances:Dryer, Freezer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Laminate Counters, Open Floor Plan, Partially Furnished, Recessed Lighting, Tile Counters

Parking

  • Parking description:Concrete, Driveway, Off Street, Paved, Private, Uncovered
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