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 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.
Features
- Fence:
- Partial
- Utilities:
- Other/Remarks
Address Map
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- SAN DIEGO
- Zipcode:
- 92115
- Street:
- Tipton St
- Street Number:
- 5205
- Longitude:
- W118° 56' 14.5''
- Latitude:
- N32° 46' 22.4''
- Directions:
- Call or text listing agent Dan Sipher.
- Mls Area Major:
- Metro Uptown
- Unit Number:
- 103
- Zoning:
- RS-1-7
Additional Info
- Office Name:
- Landmark Multifamily and Development
- Agent Name:
- Daniel A Sipher
Additional Information
- On Market Date:
- 2026-05-27
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/260012860
- Water Source:
- Other/Remarks
Listing Information
- List Agent Mls Id:
- 705092
- List Office Mls Id:
- 993586
- Listing Term:
- Other/Remarks
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-05-28T22:15:39Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K, Other/Remarks
Land
5205 Tipton St Unit 103, San Diego, CA 92115
$1,199,000
Listing ID #260012860
Basic Details
- Property Type :
- Land
- Listing Type :
- For Sale
- Listing ID :
- 260012860
- Price :
- $1,199,000
- Status :
- Active
- Property Sub Type :
- Lots/Land
