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$949,000
 $5,094 est/mo Sourced by Back At You

5205 Tipton St,San Diego, CA 92115

San Diego, CA 92115

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Description

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.

Details

MLS #260019625SD
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1951
Days On Site37
Listing Provided ByLandmark Multifamily and Development | Daniel Sipher

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet936
Garage1
Story(s)1
ZoningRS-1-7

Interior

CoolingNone, See Remarks
HeatingSee Remarks
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesSee Remarks
Fireplace Yes / NoNo

Exterior

RoofSee Remarks
Construction MaterialsStucco
FencingPartial

Parking

Attached Garage Yes / NoYes
Parking FeaturesDriveway
Garage Yes / NoYes

Utilities

UtilitiesSee Remarks

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 San Diego
Listing VS Median (in 92115)
Price:
$949,000
low | high
Med:
$687,000
77.608008429926% of Average
sqft:
936
low | high
Med:
1,116
30.769230769231% of Average
$ / sqft:
$1,014
low | high
Med:
$675
83.465936305289% of Average
On site:
37
low | high
Med:
44
84.090909090909% of Average
Sourced by Back At You

Market Activity 92115

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 San Diego
Listing VS Median (in 92115)
Price:
$949,000
low | high
Med:
$687,000
77.608008429926% of Average
sqft:
936
low | high
Med:
1,116
30.769230769231% of Average
$ / sqft:
$1,014
low | high
Med:
$675
83.465936305289% of Average
On site:
37
low | high
Med:
44
84.090909090909% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $711K - $1.186M
sqft: 702 - 1,000
Nearby Listings Property ImageNearby Listings Details
6303 Cleo St. Property Photo 1
$879,900
6303 Cleo St.
San Diego, CA 92115
Listing Updated: September 11, 2026 at 6:11:06 AM PDT
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