5205 Tipton St
San Diego, CA 92115
2
Bed
1
Bath
936Sqft
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 1 Full Baths: 1 Half Baths: 0 -
Interior Features
Roof: See Remarks Interior Features: See Remarks -
Cooling Features
See Remarks,Wall/Window Unit(s) Air ConditioningHeating Source
See Remarks Has HeatingFireplace
Has Fireplace: 0
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Building Information
Year Built: 1951 Construction: Other Roof: See Remarks -
Pool Features
NoneLaundry Features
See RemarksFencing
Partial
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Listing Price Information
Original List Price: 1,199,000 Listing Contract Date: 2026-05-27 -
Lease Information
Listing Agreement: Seller Reserved
-
Tax Information
Parcel Number: 4670720800
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Garage and Parking
Garage Description: Driveway,OtherHomeowners Association
-
Other Property Info
Source Listing Status: Active Source Neighborhood: 92115 - San Diego Directions: Cross Street: Tipton St. Zoning: RS-1-7 Source Property Type: Residential Area: 92115 - San Diego Property SubType: Single Family Residence -
Building and Construction
Property Age: 75 Structure Type: Single Family Residence Year Built Source: Vendor Enhanced Total Square Feet Living: 936 Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4850 69th Place, San Diego, CA, 92115 | $995,000 | 5 | 2 | 1,624 | 1,624 SqFt |
| 5254 Bocaw Pl, San Diego, CA, 92115 | $925,000 | 2 | 1 | 874 | 874 SqFt |
| 5191 Alumni Pl, San Diego, CA, 92115 | $1,895,000 | -- | -- | -- | |
| 5067 Alumni Pl, San Diego, CA, 92115 | $1,499,000 | -- | -- | -- | |
| 13-6407 Richard St, San Diego, CA, 92115 | $2,995,000 | -- | -- | -- | |
| 4607 Rolando Blvd, San Diego, CA, 92115 | $1,095,000 | 3 | 2 | 2,087 | 2,087 SqFt |
| 4036 Loma Alta Dr, San Diego, CA, 92115 | $849,000 | 3 | 1 | 1,268 | 1,268 SqFt |
| 4725 Filipo Street, San Diego, CA, 92115 | $899,900 | 3 | 2 | 1,351 | 1,351 SqFt |
| 4941 Gary St., San Diego, CA, 92115 | $1,650,000 | 8 | 4 | 2,770 | 2,770 SqFt |
| 4356 Aragon Way, San Diego, CA, 92115 | $995,000 | 3 | 2 | 1,612 | 1,612 SqFt |
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ByOwner last updated this listing 06/09/2026 @ 17:58
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