Secure a shovel-ready project in one of San Diego’s 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 city’s 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.
Listed by Jonathan Minerick
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License #01523060
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Homecoin.com
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888-400-2513
Last updated April 22, 2026
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Source: CRMLS #TR26076439
Listing Facts
TypeMulti-family
NeighborhoodLoma Portal
Bedrooms3
Bathrooms2
Days on Prevu22
Size1,168 sqft
Price per sqft$1,390
Amenities
Private Outdoor Space
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
04/22/2026
Price Decreased
$1,624,000
04/10/2026
Listed by Homecoin.com
$1,649,000
Property Details for 3754 Tennyson Street
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 2
Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Duplex
Window Features: Double Pane Windows, Insulated Windows
Year Built: 1941
Architectural Style: Bungalow, Cottage, Mid-Century Modern
Common Walls: No Common Walls
Construction Materials: Adobe, Frame
Entry Level: 1
Entry Location: 1
Features
Direction Faces: Southwest
Fencing: Chain Link, Fair Condition
Patio And Porch Features: Concrete, Front Porch, Porch
Road Frontage Type: City Street
Measurements
Lot Features: 0-1 Unit/Acre, 11-15 Units/Acre, 2-5 Units/Acre, 6-10 Units/Acre, Back Yard, Cul-De-Sac, Front Yard
Lot Size Acres: 0.12
Lot Size Area: 5,602
Lot Size Source: Assessor
Lot Size Square Feet: 5,602
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 4494610700
Interior
Features
Appliances: Freezer, Gas Cooktop, Microwave, Refrigerator, Dryer, Washer
Flooring: Laminate, See Remarks, Wood
Interior Features: Breakfast Area, Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Open Floorplan, Partially Furnished, Recessed Lighting, Tile Counters, Primary Suite
Measurements
Living Area: 1,168
Living Area Source: Assessor
Living Area Units: Square Feet
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 3
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Other
Environmental
Green Energy Efficient: HVAC,Roof,Thermostat,Windows
Location
Subdivision Name: Ocean Beach
Tax Block: 20
Tax Lot: 8
Parking
Parking
Parking Features: Concrete, Driveway, Off Street, Paved, Private, Uncovered
Schools
High School
High School District: San Diego Unified
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Laundry Closet
Sewer: Public Sewer
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 3 bedrooms and 2 bathrooms in this multi-family home at 3754 Tennyson Street.
How does 3754 Tennyson Street compare to other multi-family homes in Loma Portal?
This multi-family home is listed 3% below the average price for multi-family homes in Loma Portal and has been on the market for 4 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 1,168 sqft.
3754 Tennyson Street is a 3-bedroom, 2-bath multi-family home for sale in San Diego CA 92107. On Prevu for 22 days at $1,624,000. This includes a recent price decrease of $25,000. This home features 1,168 square feet of living space, located in Loma Portal. The median listing price for multi-family homes in this area is $1,825,000. The home offers private outdoor space, air conditioning, parking, and washer/dryer. Browse more multi-family home listings in San Diego.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.