5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
5205 Tipton St, San Diego, CA 92115
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,149,000
Est. payment | /mo

2 Beds

1 Bath

936 SqFt

Save Virtual Tour
$ 1,149,000
Est. payment | /mo
Save Virtual Tour

2 Beds

1 Bath

936 SqFt

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 $1,227

Subdivision San Diego

MLS Listing ID 260012947SD

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1951

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County San Diego

Area 92115 - San Diego

Zoning RS-1-7

Interior

Interior Features See Remarks

Heating See Remarks

Cooling See Remarks, Wall/Window Unit(s)

Fireplace No

Laundry See Remarks

Exterior

Parking Features Driveway, Other

Fence Partial

Pool None

Utilities Available See Remarks

View Y/N No

Roof Type See Remarks

Total Parking Spaces 2

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

Virtual Tour https://www.propertypanorama.com/instaview/snd/260012947

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

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.