For Sale at San Diego: 5205 Tipton St, San Diego, CA 92115. 2-bedroom 1-bath, 936 sf, 1951 College Area $1,199,000 begin new search
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Overview

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.

Address 5205 Tipton St

San Diego, CA 92115
Listing Status Active
Asking Price $1,199,000
Original Listing $1,199,000 @ 2026-05-28
Rooms
See Remarks
Square Footage 936 sf
Bedrooms 2
Full Bathrooms 1
Location
Directions Cross Street: Tipton St.
Market Area 92115 - San Diego
Neighborhood College Area
Complex San Diego
School District Not Listed
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee $0
HOA Fee $0
Public Records
County San Diego
Assessor Parcel# 4670720800
Zoning RS-1-7
Exterior
Style Single Family Residence
Material Not Listed
Lot Size
Fencing Partial
Topography Not Listed
Roof See Remarks
Swimming Pool None
Exclusive Yard 1
Parking
Other
Driveway
Total Spaces: 2
Garage Spaces: 0
Non-Garage Spaces: 0 - 2.00
View Not Listed
Features
Year Built 1951
Laundry Location See Remarks
Elevator Not Listed
Cooling Wall/Window Unit(s), See Remarks
Heating See Remarks
Fireplaces Not Listed (0)
Additional Parcels No
Appliances No
Assessments No
Association No
Association Fee 2 0
Attached Garage No
Below Grade Finished Area 0
Carport Spaces 0
Construction Materials Other
Cooling Yes
Eating Area See Remarks
Heating Yes
Land Lease No
Laundry Yes
Levels One
Living Area Source Assessor
Lot Size Source Assessor
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking Yes
Patio No
Pool Private No
Property Attached No
Sprinklers No
View No
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Property Tax estimate of 1% of listing price does not include local voter-approved bonds/assessments, supplemental taxes for new construction or ownership changes, extra local fees, etc.
Listing Source
Platform CRMLS
AOR San Diego
MLS Number 260012947SD
Courtesy of Landmark Multifamily and Development
Listing Agent Daniel Sipher