5205 Tipton St
Property Overview
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.
Home Details
- Property type
- Residential - Single Family Residence
- Year built
- 1951
- Living area
- 936 sq ft
- Parking
- 2 spaces
- Stories
- 1
- Days on market
- 46
- Full bathrooms
- 1
- MLS status
- Active
- Zoning
- RS-1-7
Features & Amenities
Interior
- See Remarks
Parking
- Driveway
- Other
Pool
- None
Community, Schools & Utilities
Community
- Subdivision
- San Diego
Utilities
- Heating
- SeeRemarks
- Cooling
- SeeRemarks,WallWindowUnits
- Water
- SeeRemarks
Location & Neighborhood
Frequently Asked Questions About 5205 Tipton St
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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