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San Diego, CA

$999,000

5205 Tipton St, San Diego, CA
0
Baths
47
Days listed

About this home

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 into a 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Once stabilized, 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.

Facts & features

Interior
Bathrooms
0
Community
Area
92115 - San Diego
County
San Diego
Listing details
Status
Active
Property type
Land
Days on market
47
Listed
2026-05-27
Original price
$1,199,000
Parcel #
4670720800
MLS #
260012860SD
Listed by
Daniel Sipher · Landmark Multifamily and Development
408-368-5225dan@sdlandmark.comDRE #02043589

Location

Price history

Listed
$1,199,000 · 2026-05-27
Price reduced
$999,000 (−$200,000)
Days on market
47
Current price
$999,000
Financing

Could this home be yours?

Estimated monthly payment
$6,267
$5,051 principal & interest · $1,215 taxes & insurance
$199,800
Estimate only
Loan $799,200

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Listing data provided by CRMLS

Listing courtesy of Landmark Multifamily and Development. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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5205 Tipton St, San Diego, CA — $999,000 | Your Agent