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.
Property Details
Price:
$949,000
MLS #:
260019625SD
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92115sandiego
Listed Date:
Aug 11, 2026
Finished Sq Ft:
936
Year Built:
1951
See this Listing
Schools
Interior
Bathrooms
1 Full Bathroom
Cooling
NO, SEE
Heating
SEE
Laundry Features
SEE
Levels
A
Exterior
Attached Garage YN
1
Construction Materials
STC
Fencing
PTL
Garage Spaces
1
Parking Spots
3
Parking Total
3
Roof
SEE
Financial
Map
Community
- Address5205 Tipton St San Diego CA
- CitySan Diego
- CountySan Diego
- Zip Code92115
Subdivisions in San Diego
- Bay Park
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casa Dorado 32501
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- CLM
- College Grove
- Crown Point
- Del Cerro
- Downtown
- Downtown Area DOWN
- DWTN
- East San Diego
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Jolla
- La Mesa
- Linda Vista
- Logan Heights
- LV
- Middletown
- Mira Mesa
- Mirador MIRD
- Mirasol MIR
- Mission Beach
- Mission Hills
- Mission Valley
- Mission Village
- Mount Helix
- Normal Heights
- North Park
- NP
- Ocean Beach
- Old Town
- Pacific Beach
- Paradise Hills
- Park Villas PKVL
- Park Vista PV
- Point Loma
- Poway
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- Scripps Ranch
- SD
- Serra Mesa
- Smoke Tree SMTR
- South Sd
- Stonebridge 3700
- Talmadge
- The Lakes LK
- Tierrasanta
- Torrey Highlands
- University City
- University Heights
- Villa Portofino 32283
- Woodcrest WT
Market Summary
Current real estate data for Single Family in San Diego as of Aug 20, 2026
2,052
Single Family Listed
75
Avg DOM
569
Avg $ / SqFt
$1,218,371
Avg List Price
Property Summary
- 5205 Tipton St San Diego CA is a Single Family for sale in San Diego, CA, 92115. It is listed for $949,000 and features 2 beds, 1 baths, and has approximately 936 square feet of living space, and was originally constructed in 1951. The current price per square foot is $1,014. The average price per square foot for Single Family listings in San Diego is $569. The average listing price for Single Family in San Diego is $1,218,371.
Similar Listings Nearby
Courtesy of Landmark Multifamily and Development. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.5205 Tipton St
San Diego, CA