Courtesy of: Adam C Renick, Coldwell Banker West, adam.renick@gmail.com
Courtesy of: Adam C Renick, Coldwell Banker West, adam.renick@gmail.com
$1,500,000
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.13 Acres
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Other
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$1,500,000
3754-56 Tennyson St 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.
Courtesy of: Adam C Renick, Coldwell Banker West, adam.renick@gmail.com
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