$1,199,000
5205 Tipton St, San Diego, CA 92115 (MLS #260012947SD)
Property listed by Landmark Multifamily and Development, Daniel Sipher 408-368-5225
Beds
2
Baths
1
Square Ft.
936

5205 Tipton St

San Diego, CA 92115 (MLS #260012947SD)
Permits ready to issue on an approved 2-unit project in the heart of SDSU's rental corridor — plans are approved and entitlements are in hand,zoned RS-1-7 within the SDA, TPA, and College Community Plan. No entitlement risk, no waiting; approved plans convert the existing SFR intoa 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Oncestabilized, the project is projected to generate $15,050/month in gross rental income. Phase 2 presents a clear path to adding a 3rd unit by-right in the rear, unlocking additional density and income upside beyond what's already approved. Plans in Documents tab.

Listing snapshot

Days Online
18
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
1
Square Ft.
936
Year Built
1951
MLS Number
260012947SD

Additional details

Building
Built in 1951, Living area: 936.0, 1 storey, Levels: One
Cooling
SeeRemarks, WallWindowUnits
Fence
Partial
Heating
SeeRemarks
Interior Features
SeeRemarks
Laundry
SeeRemarks
Parking
2 open parking spaces, 2 total parking spaces, Driveway
Pool
None
Roof
SeeRemarks
Taxes
Parcel Number: 4670720800, Zoning: RS-1-7
Utilities
SeeRemarks, Water Source: SeeRemarks

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Area snapshot

30 Days Snapshot Of 92115
$0k
(avg) sold price
%
homes sold
0%
103
homes for sale
+80%
(avg) days on market
%
Nearby Schools
*Please check the school district website to see all schools in this area
Lewis Middle School
Public
6-8
Hardy Elementary School
Public
KG-5
Clay Elementary School
Public
KG-5
Henry High School
Public
9-12
Snapshot
Area Map

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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.