Pending
House
MLS# 260019625SD
5205 Tipton St
San Diego, CA 92115
$949,000
- 2Beds
- 1Bath
- 936Sq Ft
- 1951Built
- $1,014Per Sq Ft
San Diego, CA 92115
$949,000
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.
Questions on 5205 Tipton St, San Diego, CA 92115, or want to see it in person?
Listed by Daniel Sipher, Landmark Multifamily and Development
CA DRE #01866109
BRESSI RANCH REALTY
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