5205 Tipton St 103, San Diego, CA, 92115
5205 Tipton St 103San Diego, CA 92115
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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.
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Price changed to $1,199,000 | |
| 4 weeks ago | Listing first seen on site |
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Last checked 2026
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