5205 Tipton St, San Diego, CA 92115

San Diego
Local realty services provided by:ERA North Orange County Real Estate
5205 Tipton St,San Diego, CA 92115
$999,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 936 sq. ft.
  • Single family
  • Active
Listed by: daniel a sipher
Office: landmark multifamily and development
MLS#:260012947
Source:San Diego MLS via CRMLS

Price summary

  • Price:$999,000
  • Price per sq. ft.:$1,067.31

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.

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Home facts

  • Year built:1951
  • Listing ID #:260012947
  • Added:47 day(s) ago
  • Updated:July 15, 2026 at 03:32 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:936 sq. ft.

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Year built:1951
  • Building area:936 sq. ft.
  • Levels:1 Story

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$1,067.31

Parking

  • Total parking spaces:2
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