5205 Tipton St, San Diego, California 92115
- $1,149,000
- $1,199,000
- $1,149,000
- $1,199,000
Description
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.
Address
Open on Google Maps- Address: 5205 Tipton St
- City: San Diego
- State/county: CA
- Zip/Postal Code: 92115
- Area: San Diego
- Country: US
Details
Updated on June 22, 2026 at 3:22 pm- Property ID 260012947SD
- Price $1,149,000
- Bedrooms 2
- Bathroom 1
- Year Built 1951
- Property Type Single Family Residence, Residential
- Property Status Active
Additional details
- Roof See Remarks
- Utilities See Remarks
- Cooling See Remarks, Wall/Window Unit(s)
- Heating See Remarks
- County San Diego
- Property Type Residential
- Pool None
- Parking Driveway, Other
Overview
- Single Family Residence, Residential
- 2
- 1
- 1951
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees


