Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: TR26076439 $1,599,000
3 Bedrooms with 2 Baths3754 TENNYSON STREET
SAN DIEGO CA 92107MLS: TR26076439
Status: ACTIVE
List Price: $1,599,000
Price per SQFT: $1,369
Square Footage: 11683 Bedrooms
2 Baths
Year Built: 1941
Zip Code: 92107
Listing Remarks
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.
Address: 3754 TENNYSON STREET SAN DIEGO CA 92107
Listing Agent: JONATHAN MINERICK of HOMECOIN.COM 888-400-2513
Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard BEDROOMS: 3 BATHROOMS FULL: 2 BATHROOMS HALF: 0 LIVING AREA SQ FT: 1168 BUILDING AREA TOTAL: 1168 YEAR BUILT: 1941 APPLIANCES INCLUDED: Dryer, Microwave, Refrigerator, Washer, Freezer, Gas Stove ARCHITECTURAL STYLE: Cottage, Craftsman/Bungalow CONSTRUCTION: Adobe, Frame FIREPLACE: N/K FLOORING: Laminate, Other/Remarks, Wood HEATING: Forced Air Unit COOLING: Central Forced Air INTERIOR FEATURES: Laminate Counters, Partially Furnished, Recessed Lighting, Tile Counters # GARAGE SPACES: 0 PROPERTY TYPE: Residential PROPERTY SUB TYPE: Townhome ROOF: Shingle POOL FEATURES: N/K SPA FEATURES: N/K STORIES TOTAL: 1 VIEW: N/K LISTING AGENT: JONATHAN MINERICK LISTING OFFICE: HOMECOIN.COM LISTING CONTACT: 888-400-2513
Estimated Monthly Payments
List Price: $1,599,000 20% Down Payment: $319,800 Loan Amount: $1,279,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $8,085 Estimate does not include taxes, fees, insurance.
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Property Location: 3754 TENNYSON STREET SAN DIEGO CA 92107
This Listing
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Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
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Last Updated: 2026-05-25