32.772896 -117.062596
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Listed by Landmark Multifamily and Development, Daniel Sipher.

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5205 Tipton StSan Diego, CA 92115

Active
$1,199,000
2
1
936 SqFt

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.


FACTS & FEATURES

  • Property Type:
    Residential
  • Architectural Style:
  • Bedrooms:
    2
  • Bathrooms:
    1
  • Dwelling Size:
    936 SqFt
  • Lot Size:
  • Lot Description:
  • Stories:
  • Year Built:
    1951
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 0
    Features: Driveway, Other
  • Area:
    92115 - San Diego
  • Views:
  • Schools:
  • HOA:
  • Senior Community:
    False
  • Heating:
    See Remarks
  • Cooling:
    See Remarks,Wall/Window Unit(s)
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
  • Roof:
    See Remarks

LOCATION


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Listing Office: Landmark Multifamily and Development. Listing Agent: Daniel Sipher. Listing ID: 260012947SD

Last Updated May 29, 2026 12:18 AM
Data last checked against CRMLS on June 15, 2026 3:51 AM

Based on information from California Regional Multiple Listing Service, Inc. as of June 15, 2026 3:51 AM 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.

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