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Listed by: Daniel Sipher (408) 368-5225 DRE #02043589 | Landmark Multifamily and Development (408) 368-5225
$999,000
-- Bed
-- Bath
--sqft
5205 Tipton St, San Diego, CA 92115
$999,000
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Land
Built in -
$-- HOA
-- sqft lot
--/sqft
Description
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. Plans in documents Tab.
- Houzeo last checked: 2 hours ago
- Listing updated: July 13, 2026 at 7:40 pm
- Source: California Regional MLS-CA | MLS#: 260012860SD
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
260012860SD
MLS Status
Active
Days on Market
63
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