5261 Tipton Street

5261 Tipton Street

San Diego, CA 92115

$1,070,000
Last Sold Price
6
Beds
3
Baths
1,764 Sq. Ft.
$607 / Sq. Ft.
1,764
Sq. Ft.
$607
per Sq. Ft.

Sold 5/1/23

Sold 5/1/23

a view of a house with a yard and a patio
a front view of a house with garden
a view of a house with backyard and sitting area
a front view of a house with garden
a view of front door of house
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a large window
a living room with furniture and a large window
a kitchen with a stove and a refrigerator
a kitchen with a refrigerator a sink and dishwasher
a kitchen with sink a refrigerator and cabinets
a kitchen with stainless steel appliances granite countertop a sink refrigerator and cabinets
a bedroom with a bed and a chandelier
a living room with furniture and wooden floor
a bathroom with a sink a light fixture and a mirror
a bathroom with a shower and a bathtub
a bedroom with a bed a couch and a window
a bedroom with furniture and a window
a living room with furniture a flat screen tv and a large window
a living room with furniture and a wooden floor
a bathroom with a sink and a mirror
a bedroom with a bed tv and a window
a bed room with a bed and a window
a bedroom with a bed and a chandelier
a view of walk in closet with clothes and shoes
a bedroom with a bed and a chandelier
a bedroom with a bed and a walk in closet
a bedroom with a bed and a chandelier
a view of a room with gym equipment
a bathroom with a sink and a mirror
a bathroom with a bathtub and a shower
a small garden covered with tall trees
an outdoor space with furniture and garden
a view of a patio with table and chairs and potted plants
a view of a house with a yard
a car parked in front of house
a view of a backyard with of garden
a bathroom with a toilet a sink a mirror a window and vanity
a view of room with window and wooden floor
wooden floor in an empty room with a window
a view of empty room
a kitchen with a refrigerator and a stove

Description

Outstanding Investment Opportunity! Presenting a fully turn-key, "minidorm" style student rental situated in a prime location, just steps away from SDSU. Nestled on a sought-after street renowned for student rentals, this 6-bedroom property is currently leased for $6,000 per month to a group of SDSU students. A new lease with a fresh group of SDSU students is set to commence on July 5, 2023, at an increased rate of $6,900 per month. The current owner has meticulously remodeled and expanded the house,...Outstanding Investment Opportunity! Presenting a fully turn-key, "minidorm" style student rental situated in a prime location, just steps away from SDSU. Nestled on a sought-after street renowned for student rentals, this 6-bedroom property is currently leased for $6,000 per month to a group of SDSU students. A new lease with a fresh group of SDSU students is set to commence on July 5, 2023, at an increased rate of $6,900 per month. The current owner has meticulously remodeled and expanded the house, obtaining necessary permits to add bedrooms, bathrooms, and convert the garage. All work was carried out under the guidance of a leading student housing expert management company in this highly desirable area. Explore the potential to build an ADU on the property, as neighboring homes have successfully rented their ADUs for $4,500+ per month. Due to the consistently high demand for student rentals in this prime location, the property has experienced annual rent increases nearly every single year per the owner. With its proximity to SDSU, this investment offers low vacancy, ensuring a stable and reliable income stream. Expertly managed by a top-notch student rental management company, this property offers an unbeatable location close to campus, shopping centers, dining options, and convenient freeway access. The spacious backyard features a jacuzzi, providing an excellent space for relaxation and entertainment. Don't miss your chance to capitalize on this exceptional income-generating opportunity!
  1. Listed by Robert Brown • DRE #01796328 • Fantastik Realty

Property Details for 5261 Tipton Street

Area
San Diego (92115)
Neighborhood
College Area SDSU
Community
SAN DIEGO
City Postal ID
SAN DIEGO (92115)
Cross Street(s)
Montezuma Road

Location

Listing Courtesy of Fantastik Realty, Robert Brown, DRE #01796328

Sold By eXp Realty of California, Inc., Collin Dudley, DRE #01419905; eXp Realty of California, Inc, Kurt Wannebo, DRE #01468255

Add your commute
LISTING UPDATED: 05/01/2023 04:00 PM

Property Details for 5261 Tipton Street

StatusSold
MLS #230005073
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1951
Lot Size0.16 AC / 7,000 SF
CountySan Diego County

Location

Listing Courtesy of Fantastik Realty, Robert Brown, DRE #01796328

Sold By eXp Realty of California, Inc., Collin Dudley, DRE #01419905; eXp Realty of California, Inc, Kurt Wannebo, DRE #01468255

Add your commute

Building Information for 5261 Tipton Street

Stories1Year Built1951Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$6,526 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,839

Property Taxes

$687

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5261 Tipton Street

Summary Information
Property and Location
  • System ID: 230005073
  • Class: RESIDENTIAL
  • Residential Styles: Detached
  • Levels: 1 Story
  • Year Built: 1951
  • Street Number Numeric: 5261
  • Street Name: Tipton
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
  • Ownership: Fee Simple
Parking
  • Parking Garage: None Known
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 0
  • Number of Parking Spaces: 4
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Cooling: None
  • Heat Equipment: N/K
  • Heat Source: Natural Gas
  • Laundry Location: Closet Stacked
  • Equipment: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Gas Range
  • Laundry Utilities: Gas & Electric Dryer HU
  • Optional Bedrooms: 0
  • Bedrooms Count: 6
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Dining Area, Family Room, Great Room, Master Bdrm 2, MBR Entry Level, Optional Bedrooms
  • Primary Bedroom Dimensions: 14x11
  • Bedroom 2 Dimensions: 13x10
  • Bedroom 3 Dimensions: 14x11
  • Bedroom 4 Dimensions: 10x10
Interior Dimensions
  • Bedroom 5 Dimensions: 10x0
  • Dining Room Dimensions: Combo
  • Family Room Dimensions: 10x10
  • Kitchen Dimensions: 18x13
  • Living Room Dimensions: 22x13
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Fencing: Full
  • Pool: N/K
  • Square Footage: 1764
Property Information
Property and Assessments
  • Total Stories: 1
  • Elevator: No
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Topography: Level
  • Assessors Parcel Num: 467-072-01-00
Utilities
  • Water: Meter on Property
  • Sewer/Septic: Sewer Connected
Multi Family Information
Building Details
  • Heating: Natural Gas, None

Property History for 5261 Tipton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5261 Tipton Street

Taxable ValueLand$492,561Additions$177,728Total$670,289
Tax Record2023$8,245 ($687 / month)
Home Facts
Beds4Total Finished SqFt1,764 SqFtAbove Grade Finished SqFt1,764 SqFtLot Size7,000 SqFtStyleSingle Family ResidenceYear Built1951ZoningR-1:SINGLE FACountySAN DIEGOAPN467-072-01-00

Schools near 5261 Tipton Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Hardy Elementary School
Public - K to 5
Clay Elementary School
Public - K to 5
Lewis Middle School
Public - 6 to 8
Patrick Henry High School
Public - 9 to 12
Rating
School
Distance
Hardy Elementary School
PublicK to 5

Clay Elementary School
PublicK to 5

Lewis Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Fantastik Realty, Robert Brown, DRE #01796328

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