5205 Tipton St, San Diego, California 92115

  • $949,000
  • $999,000
5205 Tipton St, San Diego, CA 92115
Active
5205 Tipton St, San Diego, California 92115
5205 Tipton St, San Diego, CA 92115
  • $949,000
  • $999,000

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.

  • Address 5205 Tipton St
  • City San Diego
  • State/county CA
  • Zip/Postal Code 92115
  • Area San Diego
  • Country US

Details

Updated on August 4, 2026 at 9:20 pm
  • Property ID: 260012860SD
  • Price: $949,000
  • Property Type: Land
  • Property Status: Active

Additional details

  • Utilities: See Remarks
  • County: San Diego
  • Property Type: Land

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Hoyt Hochman

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  • Hoyt Hochman