5205 Tipton St St, San Diego, CA 92115 (MLS # 260012947SD)

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PRICE $1,149,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 936 sqft
LOT SIZE n/a

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.

DAYS ON MARKET 30 LAST UPDATED 6/22/2026
TRACT San Diego YEAR BUILT 1951
COMMUNITY 92115 - San Diego COUNTY San Diego
STATUS Active PROPERTY TYPE(S) Single Family

PRICE HISTORY
Prior to Jun 22, '26 $1,199,000
Jun 22, '26 - Today $1,149,000


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA 92115 - San Diego
CONSTRUCTION Other
HEAT See Remarks
INTERIOR See Remarks
LOT 0
PARKING Driveway, Other
POOL DESCRIPTION None
STORIES 1
SUBDIVISION San Diego
UTILITIES See Remarks
WATER See Remarks
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Landmark Multifamily and Devel

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