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5205 Tipton St

San Diego, CA 92115
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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.

Detail Ic Property Details

Property Type : Land

Price : $1,199,000

AD Id : 79435170

MLS Id : 260012860SD

County : San Diego

Subdivision: Loxahatchee Acreage

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  • Lot Information

    Lot Size Source: Assessor Lot Description: Level

    Property Information

    Subdivision: San Diego Source Property Type: Land

  • Listing Price Information

    Listing Price: $1199000

  • Tax Information

    Parcel Number: 4670720800

  • Utility Information

    See Remarks
  • Location Information

    Direction: Call or text listing agent Dan Sipher. CrossStreet: Tipton St WaterSource: See Remarks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5488 New Mills Rd, San Diego, CA, 92115 $699,999 -- -- -- 44,431.20 Sqft(Lot)
4600 Collwood Lane, San Diego, CA, 92115 $365,000 -- -- -- Acres (Lot)--
4904 El Cajon Blvd, San Diego, CA, 92115 $1,776,000 -- -- -- Acres (Lot)--
4230 45th St, San Diego, CA, 92115 $999,999 -- -- -- 9,386 Sqft(Lot)

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ByOwner last updated this listing 07/27/2026 @ 04:02

MLS: 260012860SD LISTED BY: Daniel Sipher, Landmark Multifamily and Development 408-368-5225 SOURCE: CRMLS

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