Listing provided courtesy of Daniel Sipher of Landmark Multifamily and Development. Last updated 2026-05-29 08:17:17.000000. Listing information © 2026 CRMLS.

Asking Price: $1,199,000

5205 Tipton St, San Diego CA 92115

Community: ​92115 - San Diego

Status: Active

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This Single Family Residence property was built in 1951 and is priced at $1,199,000. Please see the additional details below.
  • 936 Sq Ft
  • 1 bathrooms
  • 2 bedrooms
  • MLS#: 436271133
  • Type: Single Family Residence
  • Year Built: 1951
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.

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424-345-1600