5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
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Monica Franco

Monica Franco

+1(951) 538-6607
$1,199,000
Est. payment /mo
2 Beds
1 Bath
936 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $1,280

Subdivision San Diego

MLS Listing ID 260012947SD

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1951

Property Sub-Type Single Family Residence

Property 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 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.

Location

State CA

County San Diego

Area 92115 - San Diego

Zoning RS-1-7

Interior

Interior Features See Remarks

Heating See Remarks

Cooling See Remarks, Wall/Window Unit(s)

Fireplace No

Laundry See Remarks

Exterior

Parking Features Driveway, Other

Fence Partial

Pool None

Utilities Available See Remarks

View Y/N No

Roof Type See Remarks

Total Parking Spaces 2

Private Pool No

Building

Story 1

Entry Level One

Water See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4670720800

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Listed by Daniel Sipher Landmark Multifamily and Development #02043589

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Monica Franco

Monica Franco

+1(951) 538-6607

Agent | License ID: 01743095

Agent License ID: 01743095

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