5205 Tipton St
Property Overview
A rare value-add opportunity in the heart of the SDSU rental corridor. This SDA-zoned lot is ready for an investor or developer to move fast.The existing SFR has immediate upside through a garage conversion and full remodel, creating a large 5BD/2BA unit built for student rentals. There's also room to add a second unit, a 1,200 sqft ADU configured as a 5BD/2BA, for a two-unit income property just steps from campus. Once stabilized, the property is projected to generate $12,000/month in gross rental income. All square footage, unit counts, development potential, and rental projections should be independently verified by buyer.
Home Details
- Property type
- Residential - Single Family Residence
- Year built
- 1951
- Living area
- 936 sq ft
- Parking
- 3 spaces
- Garage
- 1 spaces
- Stories
- 1
- Days on market
- 29
- Full bathrooms
- 1
- MLS status
- Active
- Zoning
- RS-1-7
Features & Amenities
Interior
- See Remarks
Parking
- Driveway
Pool
- None
Community, Schools & Utilities
Utilities
- Heating
- SeeRemarks
- Cooling
- None,SeeRemarks
- 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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