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
$949,000
Virtual Tour
  • 0 Acres
  • Lots / Land
  • Active
Listed by: daniel sipher
Office: landmark multifamily and development408-368-5225
MLS#:260012860SD
Source:CRMLS

Price summary

  • Price:$949,000

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.

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Home facts

  • Subdivision & Development:San Diego
  • Listing ID #:260012860SD
  • Added:75 day(s) ago
  • Updated:August 08, 2026 at 01:24 PM

Structure and exterior

  • Lot Features:Level with Street

Finances and disclosures

  • Price:$949,000
Based on information from California Regional Multiple Listing Service, Inc. as of August 11, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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