858-525-5007

5205 Tipton St, San Diego CA 92115 | $1,149,000

  • 2 bedrooms
  • 1 bathrooms
  • 936 Sq Ft
  • 0 Lot Sq Ft
  • Type: Single Family Residence
  • Stories: 1
  • Year Built: 1951
  • MLS#: 260012947SD
  • Community: 92115 - San Diego

Listing provided courtesy of Daniel Sipher of Landmark Multifamily and Devel. Last updated 2026-06-24 08:13:16.000000. Listing information © 2025 SANDICOR.

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.

More Details

1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985