Active
5205 Tipton St
San Diego, California
Overview
- Residential
- 2
- 1
- 0
- 936
- 757416
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.
Details
Updated on May 31, 2026 at 2:37 pm Listed by Daniel Sipher, Landmark Multifamily and Development- Property ID: 757416
- Price: $1,199,000
- Property Size: 936 Sqft
- Bedrooms: 2
- Bathroom: 1
- Garage: 0
- Year Built: 1951
- Property Type: Residential
- Property Status: Active
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