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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

5205 Tipton St, San Diego – $949,000

  • $949k Price
  • 69 DOM
  • $949k Price
  • 69 DOM

5205 Tipton St

Permits ready to issue on an approved 2-unit project in the heart of SDSU's rental corridor — plans are approved and entitlements are in hand, zoned RS-1-7 within the SDA, TPA, and College Community Plan. No entitlement risk, no waiting; approved plans convert the existing SFR into a 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Once stabilized, the project is projected to generate $15,050/month in gross rental income. Phase 2 presents a clear path to adding a 3rd unit by-right in the rear, unlocking additional density and income upside beyond what's already approved. Plans in documents Tab.

Essential Information

  • MLS® #260012860SD
  • Price$949,000
  • Bathrooms0.00
  • Acres0.00
  • TypeLand
  • StatusActive

Community Information

  • Address5205 Tipton St
  • Area92115 - San Diego
  • SubdivisionSan Diego
  • CitySan Diego
  • CountySan Diego
  • Zip Code92115

Amenities

  • UtilitiesSee Remarks

Exterior

  • Lot DescriptionLevel

Additional Information

  • Date ListedMay 27th, 2026
  • Days on Market69
  • ZoningRS-1-7

Listing Details

  • AgentDaniel Sipher

Office

Landmark Multifamily and Development

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Price Change History for 5205 Tipton St, San Diego, (MLS® #260012860SD)

Date Details Change
Price Reduced from $999,000 to $949,000 $50,000 (5.01%)
Price Reduced from $1,199,000 to $999,000 $200,000 (16.68%)
Price Reduced from $1,300,000 to $1,199,000 $101,000 (7.77%)

Daniel Sipher, Landmark Multifamily and Development.

Based on information from California Regional Multiple Listing Service, Inc. as of August 4th, 2026 at 8:41pm PDT. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.