$1,515,000
$1,500,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
5,595 Sqft Lot
SOLD DATE : 07/31/2026
Key Details
Sold Price $1,515,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 260015216
Sold Date 07/31/26
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
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Bought with John Gravelle Michael Stowers
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "