5205 Tipton St
DSan Diego, CA 92115
Soft Appraisal Value: $1,173,300 · 2.2% above estimate
Beds
2
Baths
1
Sqft
936
Year Built
1951
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260012947SD
This property is in San Diego (92115). View neighborhood stats →
About This Property
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 intoa 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Oncestabilized, 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.
Mortgage Calculator
Est. Monthly Payment
$7,612
Location
Loading map...
Comparable Properties
5 comps foundThis Property
$3,311
Comp Average
$3,617
4320 Cartagena Drive
2bd / 2ba · 1,519 sqft · Single Family
$799K
Est. $4,217/mo
6415 Zena Dr
3bd / 1ba · 1,152 sqft · Single Family
$779K
Est. $3,676/mo
3711 Racine
3bd / 2ba · 1,399 sqft · Single Family
$799K
Est. $3,797/mo
6343 Jeff St
2bd / 1ba · 780 sqft · Single Family
$725K
Est. $2,639/mo
5245 Reservoir Drive
3bd / 2ba · 1,740 sqft · Condo
$800K
Est. $3,758/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
Get Expert AnalysisOpen Full Calculator