USACASan DiegoOcean Beach3754 56 Tennyson Street
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$1,749,000

For Sale

13 days ago

3754 56 Tennyson Street, San Diego, CA

MLS® TR26043709

3 Bed

2 Bath

1168 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential
Size 1168 sqft
Garage No
Taxes 
Days Active 12
Lot Size 0.1286 acres
Approx. Age 1941
Avg. Price Per Sqft $1,497
MLS® Number TR26043709

Property Address: 3754 56 Tennyson Street, San Diego, CA, 92107

Average square foot calculated using Size range provided by listing agent.

Description

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. Whether you are looking for a high-yield hold or a future condo conversion, the proximity to Liberty Station, Sunset Cliffs, and top-tier schools ensures long-term exit liquidity. All project documentation is ready for immediate review. We have a full data room available including architectural designs, engineering, site plans, and a comprehensive proforma. Skip the typical 12-24 month planning lag and acquire a project where the heavy lifting of design and city approval are already behind​​‌​​​​‌​​‌‌​‌‌​​​‌‌​​‌‌​‌​​​​​‌ you.
MLS® NumberTR26043709
Laundry LevelLaundry Closet
Central VacNo
FireplaceNo
Acreage0.1286
Exterior
GarageNo
Approx. Age1941
Basement
DrivewayDriveway, Off Street, Paved, Private
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Kitchen:Not available
Other:Not available
Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$1,749,000List Price
  • Commute

Commute

Starting Address
Destination Address
3754 56 Tennyson Street, San Diego, CA

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