MLS#260012860SD
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONSan Diego
Listing Courtesy of:
Landmark Multifamily and Development
Agency Phone: 408-368-5225
Associate Name: Daniel Sipher
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
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 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.
Property Features
Property Type: Land - Residential
Feature Descriptions
Days on Site: 7
Fencing: Partial
Lot: Level
Parcel#: 4670720800
Topography: Level
Utilities: See Remarks
Water: See Remarks
Listed By / Shown By
Listed By
Agency Name: Landmark Multifamily and Development
Agent Name: Daniel Sipher
Agency Phone: 408-368-5225
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimate Your Payment
Estimated Payment
$ 3,018.16 per month $2,668.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $349.71 Homeowner's Insurance
5205 Tipton St | MLS# 260012860SD
This land located at 5205 Tipton St, San Diego, CA 92115 is currently listed for sale with an asking price of $1,199,000. The property has approximately 0 Acres. Search San Diego real estate on www.farrellsmyth.com today.