5205 Tipton St, Talmadge/San Diego Central, CA 92115
- $949,000
- 2
- BD
- 1
- BA
- 936
- SqFt
- List Price
- $949,000
- Status
- ACTIVE
- MLS#
- 260019625SD
- Year Built
- 1951
- Bedrooms
- 2
- Bathrooms
- 1
- Living Sq. Ft
- 936
- Days on Market
- 0
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
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.
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Additional Information
- Pool Description
- None
- Heat
- See Remarks
- Cooling
- Yes
- Cooling Description
- None, See Remarks
- Exterior Construction
- Stucco
- Roof
- See Remarks
- Garage Spaces Total
- 1
- Water
- See Remarks
- Interior Features
- See Remarks
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Daniel Sipher (dan@sdlandmark.com) from Listing Office: Landmark Multifamily and Development.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.