Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: TR26076439 $1,649,000 3 Beds /2 Baths
MLS #: TR26076439 Status: ACTIVE List Price: $1,649,000 Price SQFT: $1,412 City: SAN DIEGO
Beds: 3 Baths: 2 SqFt: 1168 Year: 1941 Zip: 92107
Listing Remarks
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.
Address: 3754 TENNYSON STREET SAN DIEGO CA 92107
Listing Agent: JONATHAN MINERICK of HOMECOIN.COM 888-400-2513
Listing Photos
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Last Updated: 2026-04-10