5205 Tipton St, San Diego, CA 92115

• 2 beds |
• 1 bath |
• 936 sqft

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.

Listing Status:

Active

Date Added:

May 28, 2026

Data Last Updated:

July 5, 2026 at 1:19AM

Listing Office:

Landmark Multifamily and Devel : 408-368-5225

Listing Agent:

Daniel Sipher : 408-368-5225

MLS ID:

260012947SD

Interior

• General: See Remarks
• Laundry: See Remarks
• A/C: See RemarksWall/Window Unit(s)
• Heating: See Remarks

Exterior

• Pool: None
• Parking: DrivewayOtherParking spaces: 2

Construction

• Roofing: See Remarks
• General: Other1

Location

• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: RS-1-74670720800
• Fencing: Partial

Utilities

• Utilities: See Remarks
• Water: See Remarks

Financial

• Source: CRMLS_SAND