5602 & 5610 Dorothy Dr, San Diego, CA 92115

San Diego
Local realty services provided by:ERA North Orange County Real Estate
5602 & 5610 Dorothy Dr,San Diego, CA 92115
$4,200,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: daniel sipher
Office: landmark multifamily and development408-368-5225
MLS#:260012515SD
Source:CRMLS

Price summary

  • Price:$4,200,000

About this home

Two adjacent parcels totaling 13,200 SF with 4 units total, zoned RM-3-9 within the College Area Community Plan Update — a designated Transit Priority Area (TPA) and Sustainable Development Area (SDA). Base zoning supports 23+ units by right at 1 unit per 600 SF, with additional density available through state and local bonus programs. TPA eliminates parking minimums and unlocks density bonus eligibility; SDA supports higher-intensity infill. Currently operating as student rentals — each property (SFR + attached ADU) is master-leased as a single unit. 5602 Dorothy Dr (7BR/3BA, 2,111 SF) leases at $11,600/month through 25/26, stepping up to $11,800/month for 26/27. 5610 Dorothy Dr (7BR/4BA, 2,500 SF) leases at $11,600/month through 25/26, stepping up to $11,850/month for 26/27 — totaling $23,200/month currently, escalating to $23,650/month with no lease-up risk.

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Home facts

  • Year built:1984
  • Listing ID #:260012515SD
  • Added:7 day(s) ago
  • Updated:May 30, 2026 at 10:35 AM

Structure and exterior

  • Year built:1984
  • Levels:1 Story

Finances and disclosures

  • Price:$4,200,000
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