5205 Tipton St, San Diego, CA 92115
Local realty services provided by:ERA Donahoe Realty
Listed by: daniel a sipher
Office: landmark multifamily and development
MLS#:260019625
Source:San Diego MLS via CRMLS
Price summary
- Price:$949,000
- Price per sq. ft.:$1,013.89
About this home
A rare value-add opportunity in the heart of the SDSU rental corridor. This SDA-zoned lot is ready for an investor or developer to move fast.The existing SFR has immediate upside through a garage conversion and full remodel, creating a large 5BD/2BA unit built for student rentals. There's also room to add a second unit, a 1,200 sqft ADU configured as a 5BD/2BA, for a two-unit income property just steps from campus. Once stabilized, the property is projected to generate $12,000/month in gross rental income. All square footage, unit counts, development potential, and rental projections should be independently verified by buyer.
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Home facts
- Year built:1951
- Subdivision & Development:College Park West (CPW)
- Listing ID #:260019625
- Added:46 day(s) ago
- Updated:September 27, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:936 sq. ft.
Structure and exterior
- Year built:1951
- Building area:936 sq. ft.
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$949,000
- Price per sq. ft.:$1,013.89
Parking
- Total parking spaces:3
- Parking description:Attached
- Garage spaces:1
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