5205 Tipton St San Diego, CA — $1,199,000

Listing data updated May 30, 2026 - 4:11am
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5205 Tipton St | San Diego (92115) College Area

$1,199,000 | 2 Beds | 1 Baths (1 Full) | 936 Sq. Ft.

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. CRMLS 260012947

Directions to property: Cross Street: Tipton St.

MLS Listing ID: 
CRMLS 260012947
Purchase
Community Information
Subdivision: 
San Diego
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
1951
New Construction: 
0
Living Area: 
936
Construction
Construction Materials: 
Other
Roof: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
2
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
See Remarks
Cooling System: 
Wall/Window Unit(s), See Remarks
Water Source: 
See Remarks
Lot Features
Parking Type: 
Other, Driveway
Garage: 
0
Pool: 
None
Fence: 
Partial
Public Record
Parcel Number: 
4670720800
Listing Dates
Dates involved in the transaction.
Listing Date/Time: 
5/27/2026
Listing Entry Date/Time: 
5/28/2026
Status Change Date/Time: 
5/27/2026
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Daniel Sipher
Listing Office Name: 
Landmark Multifamily and Development

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