5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
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$ 1,199,000
Est. payment | /mo

2 Beds

1 Bath

936 SqFt


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$ 1,199,000
Est. payment | /mo
Save

2 Beds

1 Bath

936 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $1,280

Subdivision San Diego

MLS Listing ID 260012947

Bedrooms 2

Full Baths 1

Year Built 1951

Property Sub-Type Detached

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.

Location

State CA

County San Diego

Area Metro Uptown

Zoning RS-1-7

Interior

Heating Other/Remarks

Cooling Wall/Window, Other/Remarks

Fireplace No

Appliance Other/Remarks

Laundry Other/Remarks

Exterior

Parking Features None Known

Fence Partial

View Y/N No

Water Access Desc Other/Remarks

Roof Type Other/Remarks

Total Parking Spaces 2

Building

Story 1

Sewer Other/Remarks

Water Other/Remarks

Level or Stories 1

Others

Senior Community No

Tax ID 467-072-08-00

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Special Listing Condition N/K, Other/Remarks

MLS Router / San Diego MLS
Listed by Daniel A Sipher, DRE#02043589 Landmark Multifamily and Development 

Nearby Locations

Simone Edmond

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5205 Tipton St