5205 Tipton St, San Diego, California 92115
  • $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: 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

Property ID: 260012947SD
  • Single Family Residence, Residential
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 1951
  • Year Built

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