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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,500,000

Est. payment - /mo

3 Beds

2 Baths

5,595 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 260015216

Bedrooms 3

Full Baths 2

Year Built 1941

Lot Size 5,595 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

The investment opportunity you dream about! 3754-56 Tennyson offers Ocean Beach Owners/Users/Investors and Developers the ultimate in opportunity, ease, and flexibility. Two existing detached units currently cash-flowing as short-term rentals AND being sold with fully approved, Ready-to-Issue (RTI) plans in-hand to build into a 9-unit project. The approved plans are to retain the 2bed/1bath detached front house and build 8 new 1BR/1BA, (~449–475 s.f. each) ADUs across four 2-story duplex buildings. Completion will feature 9 dwelling units totaling 4,730 s.f. of living space (new construction 3,924 s.f.). No waiting, no entitlement risk! Buyers can pull permits and start construction with no further city approvals needed - just the issuance fees.

Location

State CA

County San Diego

Community Other/Remarks

Area Coastal South

Zoning R-4:MULTIP

Direction Nimitz to Chatsworth to Tennnyson

Interior

Heating Forced Air Unit, Wall/Gravity, Other/Remarks

Cooling Heat Pump(s), Wall/Window, Other/Remarks

Fireplace No

Exterior

Fence Full

View Y/N Yes

Water Access Desc Meter on Property

View Evening Lights, Other/Remarks

Roof Type Other/Remarks

Building

Story 1

Water Meter on Property

Level or Stories 1

Others

Senior Community No

Tax ID 449-461-07-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Call Agent, N/K

Virtual Tour https://ranchophotos.com/mls/3754-tennyson-st/

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Listed by Adam C Renick, DRE#01979227 Coldwell Banker West

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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3754-56 Tennyson St San Diego, CA 92107