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5205 Tipton St, San Diego, CA 92115

San Diego
Local realty services provided by:CENTURY 21 Fort Bragg Realty
5205 Tipton St,San Diego, CA 92115
$1,199,000
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  • 0 Acres
  • Lots / Land
  • Active
Listed by: daniel sipher
Office: landmark multifamily and development408-368-5225
MLS#:260012860SD
Source:CRMLS

Price summary

  • Price:$1,199,000

About this home

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 into a 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Once stabilized, 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.

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Home facts

  • Listing ID #:260012860SD
  • Added:1 day(s) ago
  • Updated:May 28, 2026 at 05:27 PM

Structure and exterior

  • Lot Features:Level with Street

Finances and disclosures

  • Price:$1,199,000
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Fort Bragg Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Fort Bragg Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Paul Clark

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