5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
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Francisco Lopez

Francisco Lopez

+1(619) 254-7232
$1,199,000
Est. payment /mo
2 Beds
1 Bath
936 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $1,280

Subdivision San Diego

MLS Listing ID 260012947

Bedrooms 2

Full Baths 1

Year Built 1951

Property Sub-Type Detached

Property Description

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.

Location

State CA

County San Diego

Area Metro Uptown

Zoning RS-1-7

Interior

Heating Other/Remarks

Cooling Wall/Window, Other/Remarks

Fireplace No

Appliance Other/Remarks

Laundry Other/Remarks

Exterior

Parking Features None Known

Fence Partial

View Y/N No

Water Access Desc Other/Remarks

Roof Type Other/Remarks

Total Parking Spaces 2

Building

Story 1

Sewer Other/Remarks

Water Other/Remarks

Level or Stories 1

Others

Senior Community No

Tax ID 467-072-08-00

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Special Listing Condition N/K, Other/Remarks

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MLS Router / San Diego MLS
Listed by Daniel A Sipher, DRE#02043589 Landmark Multifamily and Development 

NEARBY SCHOOLS & PROPERTIES

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Francisco Lopez

Francisco Lopez

+1(619) 254-7232

Agent | DRE / LIC # 01859105

Agent DRE / LIC # 01859105

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5205 Tipton St