$1,199,000

5205 Tipton St 103, San Diego, CA 92115

Land
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

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.

Listing Status:: Active
Date Added:: May 27, 2026
Data Last Updated:: July 6, 2026 at 1:11AM
Listing Office:: Landmark Multifamily and Development : 408-368-5225
Listing Agent:: Daniel A Sipher : 408-368-5225
MLS ID:: 260012860

Originating MLS: SDMLS
County: San Diego

Zoning: RS-1-7467-072-08-00
Fencing: Partial

Utilities: Other/Remarks
Water: Other/Remarks

Source: SDMLS

This listing courtesy of Daniel A Sipher , Landmark Multifamily and Development

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Principal & Interest $
Property Taxes $
Home Insurance $
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