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 into a 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Once stabilized, 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.
Lot/land
Price cut: $200K (7/13)
$999,000
5205 Tipton St #103, San Diego, CA 92115
0beds
0baths
--sqft
Unimproved Land
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 60 days |
- 82 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Daniel A Sipher DRE #02043589 408-368-5225,
Landmark Multifamily and Development
Source: SDMLS,MLS#: 260012860
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Interior area
- Total structure area: 0
Video & virtual tour
Property
Features
- Fencing: Partial
- Frontage type: Other/Remarks
Details
- Parcel number: 4670720800
- Zoning: RS-1-7
- Zoning description: RS-1-7
- Special conditions: Other/Remarks
Utilities & green energy
- Water: Other/Remarks
- Utilities for property: Other/Remarks
Community & HOA
Community
- Subdivision: SAN DIEGO
Location
- Region: San Diego
Financial & listing details
- Date on market: 5/27/2026
- Listing terms: Other/Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $999,000-16.7% |
Source:  SDMLS #260012860 Report a problem | ||
| 5/28/2026 | Listed for sale | $1,199,000 |
Source: SDMLS #260012860 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: College East
Nearby schools
GreatSchools rating
- 6/10Clay Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Lewis Middle SchoolGrades: 6-8Distance: 1.9 mi
- 9/10Patrick Henry High SchoolGrades: 9-12Distance: 1.9 mi
- $999,0002 bd1 ba936 sqft5205 Tipton St, San Diego, CA 92115For Sale
- $---- bd1 ba350 sqft5209-5211 Tipton St #5209, San Diego, CA 92115Off Market
- $--3 bd2 ba1k sqft5209-5211 Tipton St, San Diego, CA 92115Off Market
- $1,380,9008 bd4 ba2.7k sqft5237 & 5239 Tipton St, San Diego, CA 92115Off Market
- $---- bd1 ba550 sqft5211-5209 Tipton St, San Diego, CA 92115Off Market
- $924,7004 bd2 ba1.3k sqft5266-5270 Tipton St, San Diego, CA 92115Off Market
- $875,8004 bd2 ba1.2k sqft5266-5270 Tipton St #5268, San Diego, CA 92115Off Market
- $838,0004 bd2 ba1k sqft5266-5270 Tipton St #2, San Diego, CA 92115Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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