56 Tennyson Street, San Diego, CA 92107
Local realty services provided by:CENTURY 21 Century Real Estate
56 Tennyson Street,San Diego, CA 92107
$1,599,000
- 3 Beds
- 2 Baths
- 1,168 sq. ft.
- Single family
- Active
Listed by: jonathan minerick
Office: homecoin.com888-400-2513
MLS#:TR26076439
Source:CRMLS
Price summary
- Price:$1,599,000
- Price per sq. ft.:$1,369.01
About this home
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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Home facts
- Year built:1941
- Listing ID #:TR26076439
- Added:3 day(s) ago
- Updated:May 22, 2026 at 10:40 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Wood
- Kitchen Description:Freezer, Gas Cooktop, Microwave, Refrigerator
- Living area:1,168 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1941
- Building area:1,168 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Back Yard, Cul De Sac, Front Yard
- Architectural Style:Bungalow, Cottage, Mid Century Modern
- Construction Materials:Adobe, Frame
- Exterior Features:Concrete, FrontPorch, Porch
- Foundation Description:Raised
- Levels:1 Story
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$1,369.01
Features and amenities
- Appliances:Dryer, Freezer, Washer
- Laundry features:Dryer, Washer
- Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Laminate Counters, Open Floor Plan, Partially Furnished, Recessed Lighting, Tile Counters
Parking
- Parking description:Concrete, Driveway, Off Street, Paved, Private, Uncovered
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