BEDS3
BATHS2 full
SQUARE FEET1,168
MLS#TR26076439
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOcean Beach
SCHOOLSan Diego Unified
Listing Courtesy of:
Homecoin.com
Agency Phone: 888-400-2513
Associate Name: Jonathan Minerick
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Property Description
Secure a shovel-ready project in one of San Diegos 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 citys 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: CentralAir
Heating: Central
Home Style: Bungalow, Cottage, MidCenturyModern
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1941
Amenities
BreakfastArea
CeilingFans
EatInKitchen
LaminateCounters
OpenFloorplan
PartiallyFurnished
RecessedLighting
TileCounters
PrimarySuite
Feature Descriptions
Appliances: Freezer, GasCooktop, Microwave, Refrigerator, Dryer, Washer
Community Features: Sidewalks
Days on Site: 1
Door Features: InsulatedDoors
Exterior: Adobe, Frame
Fencing: ChainLink, FairCondition
Fireplace: None
Flooring: Laminate, SeeRemarks, Wood
Furnished: Yes
Laundry: LaundryCloset
Lot: ZeroToOneUnitAcre, ElevenToFifteenUnitsAcre, TwoToFiveUnitsAcre, SixToTenUnitsAcre, BackYard, CulDeSac, FrontYard
Parcel#: 4494610700
Parking: Concrete, Driveway, OffStreet, Paved, Private, Uncovered
Parking Notes: Concrete, Driveway, OffStreet, Paved, Private, Uncovere
Patio/Porch: Concrete, FrontPorch, Porch
Security: CarbonMonoxideDetectors, FireRatedDrywall, SmokeDetectors
Sewer: PublicSewer
Spa: None
Units: 2
Utilities: CableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
Water: Public
Window: DoublePaneWindows, InsulatedWindows
Local Schools
School District: San Diego Unified
Listed By / Shown By
Listed By
Agency Name: Homecoin.com
Agency Phone: 888-400-2513
Agent Name: Jonathan Minerick
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimate Your Payment
Estimated Payment
$ 4,150.92 per month $3,669.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $480.96 Homeowner's Insurance
3754 Tennyson Street | MLS# TR26076439
This multi-family property located at 3754 Tennyson Street, San Diego, CA 92107 is currently listed for sale with an asking price of $1,649,000. Tennyson Street is located within the San Diego Unified school district. Search San Diego real estate on www.farrellsmyth.com today.