$949,000

5205 Tipton St, San Diego, CA 92115

2 beds |
1 bath |
936 sqft

Single-Family Home
Built in 1951
—— sqft lot
1 car garage
$1,014/sqft
Listed 12 days ago

Property Description

A rare value-add opportunity in the heart of the SDSU rental corridor. This SDA-zoned lot is ready for an investor or developer to move fast.The existing SFR has immediate upside through a garage conversion and full remodel, creating a large 5BD/2BA unit built for student rentals. There's also room to add a second unit, a 1,200 sqft ADU configured as a 5BD/2BA, for a two-unit income property just steps from campus. Once stabilized, the property is projected to generate $12,000/month in gross rental income. All square footage, unit counts, development potential, and rental projections should be independently verified by buyer.

Listing Status:: Active
Date Added:: August 11, 2026
Data Last Updated:: August 24, 2026 at 1:11AM
Listing Office:: Landmark Multifamily and Development : 408-368-5225
Listing Agent:: Daniel A Sipher : 408-368-5225
MLS ID:: 260019625

Appliances: Other/Remarks
Laundry: Other/Remarks
A/C: N/KOther/Remarks
Heating: Other/Remarks

Pool: N/K
Parking: AttachedParking spaces: 3

Roofing: Other/Remarks
General: Stucco1 Story

HOA Amenities: 0.0
Originating MLS: SDMLS
County: San Diego

Zoning: RS-1-7467-072-08-00
Fencing: Partial
Restrictions: Other/Remarks

Water: Other/Remarks
Sewer: 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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