About 5205 Tipton St
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.
Features of 5205 Tipton St
| MLS® # | 260019625SD |
|---|---|
| Price | $949,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 936 |
| Acres | 0.00 |
| Year Built | 1951 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 5205 Tipton St |
|---|---|
| Area | 92115 - San Diego |
| City | San Diego |
| County | San Diego |
| Zip Code | 92115 |
Amenities
| Utilities | See Remarks |
|---|---|
| Parking Spaces | 3 |
| Parking | Driveway |
| # of Garages | 1 |
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | See Remarks |
|---|---|
| Heating | See Remarks |
| Cooling | None, See Remarks |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Stucco |
|---|---|
| Roof | See Remarks |
| Construction | Stucco |
Additional Information
| Date Listed | August 11th, 2026 |
|---|---|
| Days on Market | 43 |
| Zoning | RS-1-7 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Daniel Sipher |
|---|---|
| Office | Landmark Multifamily and Development |