San Diego, CA
$999,000
5205 Tipton St, San Diego, CA
2
Beds
1
Baths
936
Sq Ft
1951
Built
46
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 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.
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1 full, 0 half
- Living area
- 936 sq ft
- Interior features
- See Remarks
- Heating
- See Remarks
- Cooling
- See Remarks, Wall Window Units
- Laundry
- See Remarks
- Levels
- One
Exterior & lot
- Pool
- None
- Year built
- 1951
- Parking
- Driveway, Other
- Parking spaces
- 2
Community
- Area
- 92115 - San Diego
- County
- San Diego
Listing details
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 46
- Listed
- 2026-05-27
- Original price
- $1,199,000
- Parcel #
- 4670720800
- MLS #
- 260012947SD
Listed by
Daniel Sipher · Landmark Multifamily and Development
