5205 Tipton St, San Diego, CA 92115

Beds

Baths

936

Sq ft

$1014

Per sq ft

About this home

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.

Type

Single Family Residence

Year built

1951

Lot

—

Garage

1 car

HOA

None

Pool

View

—

Solar

—

Estimated payment

$5,985/mo

Principal & interest$4,799
Property tax (est.)$909
Home insurance (est.)$277

Down payment: 20% ($189,800)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Daniel Sipher, Landmark Multifamily and Development. MLS# 260019625SD. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:58 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.