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5602 & 5610 Dorothy Dr

San Diego, CA 92115
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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 $2 3,200/month currently, escalating to $23,650/month with no lease-up risk.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,200,000

AD Id : 79070723

MLS Id : 260012515SD

Year Built : 1984

County : San Diego

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Cooling Features

    None,See Remarks Air Conditioning

    Heating Source

    Has Heating

  • Building Information

    Year Built: 1984

  • Listing Price Information

    Original List Price: 4,200,000 Listing Contract Date: 2026-05-22
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4661711100 & 100

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas,Water

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 92115 - San Diego Directions: CrossStreet: Dorothy Dr & Dorothy Way Zoning: RM-3-9 Source Property Type: Residential Income Area: 92115 - San Diego
  • Building and Construction

    Property Age: 42 Year Built Source: Vendor Enhanced Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

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4356 Aragon Way, San Diego, CA, 92115 $995,000 3 2 1,612 1,612 SqFt
4928 30 64th St, San Diego, CA, 92115 $1,475,000 8 3 2,076 2,076 SqFt
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ByOwner last updated this listing 06/19/2026 @ 21:15

MLS: 260012515SD LISTED BY: Daniel Sipher, Landmark Multifamily and Development 408-368-5225 SOURCE: CRMLS

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