The Louise Hampton Team

REALTORS® | Luxury Collection
License# 00802409

56-3754 Tennyson Street, San Diego, CA 92107 (Sold on )

  • Open House
  • New Listing
  • Price Reduced$25,000
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  • PENDING UNDER CONTRACT
  • The seller has accepted an offer on this property.
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 $1,599,000

  • 3 BedBeds
  • 2 BathBaths
  • 1,168 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# TR26076439

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Property Description

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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The Louise Hampton Team

License# 00802409
(9 Review on Zillow)

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Property Details 56-3754 Tennyson Street, San Diego, CA 92107

General

  • MLS#: TR26076439
  • Property Type: Single Family
  • Property Sub Type: Duplex
  • List Date: 04/10/2026
  • Year Built: 1941
  • Area: 92107 - Ocean Beach
  • Subdivision: Ocean Beach
  • County: San Diego
  • Zoning: RM-3-7
  • Beds: 3
  • Full Bath: 2
  • Total Baths: 2
  • Association Fee: $0.00

Interior Features

  • Interior Features: Breakfast Area, Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Open Floorplan, Partially Furnished, Recessed Lighting, Tile Counters, Primary Suite
  • Flooring: Laminate, See Remarks, Wood
  • Appliances: Freezer, Gas Cooktop, Microwave, Refrigerator, Dryer, Washer
  • Door Features: Insulated Doors
  • Window Features: Double Pane Windows, Insulated Windows
  • Laundry Features: Laundry Closet
  • Security Features: Carbon Monoxide Detector(s), Fire Rated Drywall, Smoke Detector(s)

Exterior Features

  • Community Features: Sidewalks
  • Fencing: Chain Link, Fair Condition
  • Private Pool: No
  • Pool Features: None
  • Patio and Porch Features: Concrete, Front Porch, Porch
  • Roof: Shingle

Schools

  • High School District: San Diego Unified

Structure

  • Architectural Style: Bungalow, Cottage, Mid-Century Modern
  • Stories: 1
  • Attached Garage: No

Size & Lot

  • Lot Size Acres: 0.1286
  • Lot Size SqFt: 5,602
  • Lot Features: ZeroToOneUnitAcre, ElevenToFifteenUnitsAcre, TwoToFiveUnitsAcre, SixToTenUnitsAcre, Back Yard, Cul-De-Sac, Front Yard

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer

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