5602 & 5610 Dorothy Dr, San Diego, California 92115

  • $4,200,000
5602 & 5610 Dorothy Dr, San Diego, California 92115
Active
5602 & 5610 Dorothy Dr, San Diego, California 92115
5602 & 5610 Dorothy Dr, San Diego, California 92115
  • $4,200,000

Description

Two adjacent parcels totaling 13, 200 SF with 4 units total, zoned RM-3-9 within the College Area Community Plan Update — a designated Transit Priority Area (TPA) and Sustainable Development Area (SDA). Base zoning supports 23+ units by right at 1 unit per 600 SF, with additional density available through state and local bonus programs. TPA eliminates parking minimums and unlocks density bonus eligibility; SDA supports higher-intensity infill. Currently operating as student rentals — each property (SFR + attached ADU) is master-leased as a single unit. 5602 Dorothy Dr (7BR/3BA, 2, 111 SF) leases at $11, 600/month through 25/26, stepping up to $11, 800/month for 26/27. 5610 Dorothy Dr (7BR/4BA, 2, 500 SF) leases at $11, 600/month through 25/26, stepping up to $11, 850/month for 26/27 — totaling $23, 200/month currently, escalating to $23, 650/month with no lease-up risk.

  • Address 5602 & 5610 Dorothy Dr, San Diego, California 92115
  • City San Diego
  • State/county CA
  • Zip/Postal Code 92115
  • Area San Diego
  • Country US

Details

Updated on May 22, 2026 at 11:17 pm
  • Property ID: 260012515SD
  • Price: $4,200,000
  • Year Built: 1984
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Cooling: None, See Remarks
  • County: San Diego
  • Property Type: Residential Income

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman