5205 Tipton St #103, San Diego, CA 92115
5205 Tipton St #103, San Diego, CA 92115
5205 Tipton St #103, San Diego, CA 92115
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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353
$1,199,000
Est. payment /mo

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 260012860

Property Sub-Type Lots/Land

Property 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 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.

Location

State CA

County San Diego

Area Metro Uptown

Zoning RS-1-7

Direction Call or text listing agent Dan Sipher.

Interior

Fireplace No

Exterior

Fence Partial

Utilities Available Other/Remarks

View Y/N No

Water Access Desc Other/Remarks

Building

Water Other/Remarks

Others

Senior Community No

Tax ID 467-072-08-00

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Special Listing Condition N/K, Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/260012860


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MLS Router / San Diego MLS
Listed by Daniel A Sipher, DRE#02043589 Landmark Multifamily and Development 

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5205 Tipton St #103