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.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $1,500,000 | $1,286 | Big Block Realty Inc., San Diego, CA |
High School Point Loma High | 0.3 miles away | 09 - 12 | |
Middle School Dana | 0.4 miles away | 05 - 06 | |
Elementary School Loma Portal Elementary | 0.6 miles away | KG - 04 |