SOLD: 5111-13 Tipton, San Diego, CA 92115. 9-bedroom 4-bath, 2800 sf, 1951 SDSU College Area $1,710,000 begin new search
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PRICE REDUCED! a well-located student rental offered at 6.3% CAP Rate WITH MANAGEMENT in place! 5111-13 Tipton is a stone's throw from the SDSU Campus in one of the most desired neighborhood by students. This fully remodeled 5bed/3ba House plus 4bed/2ba ADU totals 9beds/5baths. The property is currently rented through August 2024 for for $10,500 per month! 2024-25 school year is partially leased and expected to bring in $12,400 per month! Current management is very effective in negotiating high rental lease rates and is willing to continue if desired. Excellent Turn-Key return for an investor. These properties are operate on 12 month leases and just a 3-5 day vacancy between move ins. Student rentals circumnavigate CA Rent control as they typically have new groupĀ of students each year.

Address 5111-13 Tipton

San Diego, CA 92115
Listing Status SOLD
Sold Price $1,710,000
Asking Price $1,710,000
Original Listing $1,790,000 @ 2024-01-09
Terms Cal Vet,Cash,Conventional,Exchange,VA
Sold Terms Conventional
Escrow Date 2024-02-13
Closing Date 2024-02-29
Days on MLS 35
Age Restriction N/K
Property Type Fee Simple
Property Restrictions None Known
Sales Restrictions N/K
Mello-Roos Fee $0
HOA Fee $0
Exercise Room, Family Room
Square Footage 2800 sf
Bedrooms 9 + 0 optional
Full Bathrooms 4
Family Room 10x10
Living Room 10x15
Dining Room 10x5
Kichen 8x10
Master Bedroom 10x12
2nd Bedroom 10x12
3rd Bedroom 10x12
4th Bedroom 10x12
5th Bedroom 10x12
Directions Not Provided
Cross Street tipton and 63rd
Market Area Metro Uptown
Neighborhood SDSU College Area
School District Not Listed
Public Records
County San Diego
Assessor Parcel# 467-082-07-00
Geographic Areas

Airport Compatibility Zone: Montgomery Field

Community College District: San Diego CC

School District: San Diego Unified

Zip Code: 92115

Highway Locator

East of I-15

East of I-5

South of I-8

East of I-805

East of SR-163

South of SR-52

Ocean Distance 16.4 miles
Year Built 1951
Laundry Location Closet Stacked,Garage,N/K
Elevator Not Listed
Cooling Attic Fan, Central Forced Air, Electric
Heating Natural Gas Floor Furnace, Forced Air Unit
Sewer/Septic Sewer Connected
Fireplaces Not Listed
Equipment Convection Oven, Gas & Electric Range
Monthly Payment Calculator
Listing Source
Platform SDMLS
AOR San Diego Association of REALTORS (SDAR)
MLS Number 240000710
Courtesy of South Coast Commercial, Inc.
Style Detached 2 Story
Material Stucco
Lot Size 4,000-7,499 SF
Fencing Gate,Wood
Topography Level
Roof Composition, Asphalt
Swimming Pool N/K
Total Spaces: 3
Garage Spaces: 0
Non-Garage Spaces: 3 - Off Street
View Not Listed