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Listed by: Daniel Sipher (408) 368-5225 DRE #02043589 | Landmark Multifamily and Development (408) 368-5225
$949,000
2 Beds
1 Bath1 full bath
936sqft
5205 Tipton St, San Diego, CA 92115
$949,000
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Single Family Residence
Built in 1951
$-- HOA
-- sqft lot
$1,014/sq.ft
Description
A rare value-add opportunity in the heart of the SDSU rental corridor. This SDA-zoned lot is ready for an investor or developer to move fast.The existing SFR has immediate upside through a garage conversion and full remodel, creating a large 5BD/2BA unit built for student rentals. There's also room to add a second unit, a 1,200 sqft ADU configured as a 5BD/2BA, for a two-unit income property just steps from campus. Once stabilized, the property is projected to generate $12,000/month in gross rental income. All square footage, unit counts, development potential, and rental projections should be independently verified by buyer.
- Houzeo last checked: 1 minute ago
- Listing updated: September 13, 2026 at 2:55 pm
- Source: California Regional MLS-CA | MLS#: 260019625SD
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1951
HOA Fees
-
Finished Area
936 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
260019625SD
MLS Status
Active
Days on Market
34
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