5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
6
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$949,000
Est. payment /mo
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2 Beds
1 Bath
936 SqFt
New

5205 Tipton St San Diego, CA 92115

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Andre Hobbs

Andre Hobbs

+1(619) 892-1008

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $1,013

MLS Listing ID 260019625SD

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1951

Property Sub-Type Single Family Residence

Property 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.

Location

State CA

County San Diego

Area 92115 - San Diego

Zoning RS-1-7

Interior

Interior Features See Remarks

Heating See Remarks

Cooling None, See Remarks

Fireplace No

Laundry See Remarks

Exterior

Parking Features Driveway

Garage Spaces 1.0

Garage Description 1.0

Fence Partial

Pool None

Utilities Available See Remarks

View Y/N No

Roof Type See Remarks

Total Parking Spaces 3

Private Pool No

Building

Story 1

Entry Level One

Water See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4670720800

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Daniel Sipher Landmark Multifamily and Development #02043589

NEARBY SCHOOL & BUSINESS

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Andre Hobbs

Andre Hobbs

San Diego Broker | The Hobbs Valor Group | License ID: 01485241

+1(619) 892-1008

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5205 Tipton St