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Listed by: Daniel Sipher (408) 368-5225 DRE #02043589 | Landmark Multifamily and Development (408) 368-5225
$949,000
Monthly Est:$4,724
2 Beds
1 Bath1 full bath
936sqft
5205 Tipton St, San Diego, CA 92115
$949,000
$4,724/moEst:
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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: 2 minutes ago
- Listing updated: September 29, 2026 at 9:21 pm
- Source: California Regional MLS-CA | MLS#: 260019625SD
Property Details
Status
Pending
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
Pending
Days on Market
79
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Interior
Interior Features
See Remarks
Heating
See Remarks
Cooling
None, See Remarks
Construction
Year Built
Year Built: 1951
Home type
Single Family Residence
Roof
See Remarks
Construction Materials
Stucco
Utilities & Energy
Laundry Features
See Remarks
Pool Features
None
Water Source
See Remarks
Parking Features
Driveway
Utilities
See Remarks
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Pending | $949,000 $1,014/sqft |
08/10/2026 Source: | Price Decreased | $949,000 -5.01% $1,014/sqft |
07/12/2026 Source: | Price Decreased | $999,000 -13.05% $1,067/sqft |
06/21/2026 Source: | Listed for Sale | $1,149,000 +21.07% $1,228/sqft |
05/26/2026 Source: | Off Market | $949,000 -27.00% $1,014/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 30, 2026, 02:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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