5205 Tipton St, San Diego, CA, 92115

USD 1,199,000
For Sale

Property Details

Bedrooms

2

Bathrooms

1

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 2 • Bathrooms: 1 • Square Feet: 936

Description: 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.

Location

Address

5205 Tipton St, San Diego, CA, 92115

City

San Diego

Features and Finishes

Year Built: 1951; [object Object]; [object Object]; [object Object]

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