858-525-5007

5602 Dorothy Dr, San Diego CA 92115 | $4,200,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 1
  • Year Built: 1984
  • MLS#: 260012515SD
  • Community: 92115 - San Diego

Listing provided courtesy of Daniel Sipher of Landmark Multifamily and Development. Last updated 2026-06-25 08:11:41.000000. Listing information © 2025 SANDICOR.

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.

More Details

1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985