Skip To Content

3754-56 Tennyson St

San Diego, CA 92107
  • $1,450,000 - $1,499,000
  • STATUS: ACTIVE
  • ON SITE: 8 Days
  • ID#: SDC0000975
Open House
UPDATED: 68 min ago
$1,450,000 - $1,499,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,344
    SQFT
  • $1,115
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

Description

Fantastic Investment Opportunity! This versatile 2-unit property offers endless potential, whether you're a first-time homebuyer looking to live in one unit and rent out the other, an Airbnb enthusiast aiming to maximize income, or an investor with plans to add additional units to this R-M zoned lot. The front unit is a spacious and charming 2-bedroom, 1-bath home spanning 984 square feet. It boasts recent upgrades, including a brand-new roof, upgraded windows, and a state-of-the-art AC/heating system installed in 2024. The unit also includes its own washer, dryer, and appliances, plus a private backyard for added comfort and convenience. The back unit is a detached 1-bedroom, 1-bath unit with 360 square feet of living space built in 2020. As a bonus, it features a separate insulated structure (under 100 square feet) built in 2024 ideal for use as an office or storage space, complete with its own air conditioning and heating system. Both units are occupied with leases ending end of February 2024. Tenants will move out. Please do not disturb tenants. Don't miss this rare opportunity to own a property that offers both flexibility and income potential in a highly sought-after area.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/159322417
Print Image

3754-56 Tennyson St San Diego, CA 92107

  • Price: $1,450,000 - $1,499,000
  • Status: ACTIVE
  • On Site: 8 Days
  • Updated: 68 min ago
  • ID#: SDC0000975
3
Beds
2
Baths
0
½ Baths
0.13
Acres
1,344
SQFT
$1,115
$/SQFT
1941
Built
Neighborhood:
Point Loma, Ocean Beach
County:
San Diego
Area:
Ocean Beach (92107)
Elementary School:
San Diego Unified School District
Middle School:
San Diego Unified School District
High School:
San Diego Unified School District
Property Description
Fantastic Investment Opportunity! This versatile 2-unit property offers endless potential, whether you're a first-time homebuyer looking to live in one unit and rent out the other, an Airbnb enthusiast aiming to maximize income, or an investor with plans to add additional units to this R-M zoned lot. The front unit is a spacious and charming 2-bedroom, 1-bath home spanning 984 square feet. It boasts recent upgrades, including a brand-new roof, upgraded windows, and a state-of-the-art AC/heating system installed in 2024. The unit also includes its own washer, dryer, and appliances, plus a private backyard for added comfort and convenience. The back unit is a detached 1-bedroom, 1-bath unit with 360 square feet of living space built in 2020. As a bonus, it features a separate insulated structure (under 100 square feet) built in 2024 ideal for use as an office or storage space, complete with its own air conditioning and heating system. Both units are occupied with leases ending end of February 2024. Tenants will move out. Please do not disturb tenants. Don't miss this rare opportunity to own a property that offers both flexibility and income potential in a highly sought-after area.
Exterior Features

Exterior Stucco Fencing GatePartial Roof Rock/GravelRolled/Hot Mop Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

Interior Features

Cooling Central Forced AirHeat Pump(s) Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Source ElectricNatural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 1 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 9 Age Restrictions N/K Annual Expense Actual 3570 Annual Expense Projected 3750 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0 Community OCEAN BEACHPOINT LOMA Complex Features N/K Cross Streets Chatsworth Gross Rent Multiplier Actual 10 Gross Rent Multiplier Project 20 Gross Scheduled Income Actual 71400 Home Owners Fees 0 Home Owners Total Fees 0 Mandatory Remarks None Known Mandatory Remarks For Value Range Pricing Seller will Entertain Offers between $1450000 and $1550000 Market Area Coastal North Monthly Total Fees 0 Net Operating Income Projected 75240 Other Fees 0 Other Income Actual 0 Projected Cap Rate 4 Projected Other Income 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Hot WaterElectricityGardenerGas/Propane Terms FHAVACashConventional Total Cfd Mello Roos 0 Total Other Fee 0 Unit Number For Unit1 3754 Unit Number For Unit2 3756 Unit1 Deposit 3650 Unit1 Occupied Tenant Unit1 Projected Rent 3900 Unit1 Rent Actual 3650 Unit2 Deposit 2300 Unit2 Occupied Tenant Unit2 Rent Actual 2300 Zoning [R-4:MULTI

San Diego MLS logo Listing provided courtesy of Dennis Bermeo of Premier Realty Associates: 619-201-3419. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_SDC0000975-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_SDC0000975-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_SDC0000975-1.jpg
Logo
Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
7910 Girard Ave Ste 9
La Jolla CA, 92037