For Sale: 5205 Tipton St, San Diego, CA 92115. 2-bedroom 1-bath, 936 sf, 1951 College Area $949,000 begin new search
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Overview

A rare value-add opportunity in the heart of the SDSU rental corridor. This SDA-zoned lot is ready for an investor or developer to move fast.The existing SFR has immediate upside through a garage conversion and full remodel, creating a large 5BD/2BA unit built for student rentals. There's also room to add a second unit, a 1,200 sqft ADU configured as a 5BD/2BA, for a two-unit income property just steps from campus. Once stabilized, the property is projected to generate $12,000/month in gross rental income. All square footage, unit counts, development potential, and rental projections should be independently verified by buyer.

Address 5205 Tipton St

San Diego, CA 92115
Listing Status Active
Asking Price $949,000
On Market Date $949,000 @ 2026-08-11
Listed / On-Market Entered 2026-08-11T11:33:32Z
Original Entry 2026-08-11T11:25:43Z
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
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
Driveway
Total Spaces: 3
Garage Spaces: 1
Non-Garage Spaces: 0 - 2.00
View Not Listed
Features
Year Built 1951
Laundry Location See Remarks
Elevator Not Listed
Cooling None, See Remarks
Heating See Remarks
Fireplaces Not Listed (0)
Additional Parcels No
Appliances No
Assessments No
Association No
Association Fee 2 0
Attached Garage Yes
Below Grade Finished Area 0
Carport Spaces 0
Construction Materials Stucco
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 260019625SD
Courtesy of Landmark Multifamily and Development
Listing Agent Daniel Sipher