Property Detail

5205 Tipton St

San Diego CA 92115

$1,199,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Daniel Sipher of Landmark Multifamily and Development. Last updated 2026-05-29 08:17:17.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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