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$949,000
5205 Tipton St, San Diego, CA 92115
Landmark Multifamily and Development
2Beds
1Baths
936Sq Ft
3Parking
1951Built
0Days Listed
About This Property
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.
Daniel A SipherLandmark Multifamily and Development408-368-5225
Property Location
Map
Property Details
- Property Type
- Detached
- Bedrooms
- 2
- Bathrooms
- 1
- Building Area
- 936 Sqft
- Living Area
- 936 sqft
- Year Built
- 1951
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 0
- Original Price
- $949,000
Location & Neighborhood
What's nearby 5205 Tipton St, San Diego, CA 92115
Nearby Schools
- Assigned
- Assigned
- Assigned
- Language Academy0.3 mi
Elementary School • Public • K–8
- Hearst Elementary0.7 mi
Elementary School • Public • K–5
- Pendleton Elementary0.7 mi
Elementary School • Public • K–5
- Harriet Tubman Village Charter0.8 mi
Elementary School • Public • K–8
- Nativity Prep Academy1.0 mi
Elementary School • Private • K–6
Parks & Recreation
- 0.2 mi
- 0.2 mi
- Heart Park0.3 mi
park
Transit Access
- Montezuma Road & 63rd Street0.2 mi
Bus Stop
- College Avenue & Alvarado Road0.3 mi
Bus Stop
- Montezuma Rd. & Reservoir Dr0.4 mi
Bus Stop
- College Av & Lindo Paso0.4 mi
Bus Stop
- College Avenue & Pontiac Street0.4 mi
Bus Stop
Local Amenities
Grocery
- Aztec Market & Convenience Store0.3 mi
- Trader Joe's0.5 mi
Dining
- The Dining Room0.3 mi
- Oggi's Pizza Express0.4 mi
POI data updated 8/11/2026
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Last updated: Aug 11, 2026
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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.