5602-5610 Dorothy Dr - Residential LAND FOR SALE


San Diego, CA 92115- College West13,199 SF
$4,200,000 USD
408-368-5225
5602-5610 Dorothy Dr, San Diego, CA for Sale
$4,200,000 USD
Residential LAND - FOR SALE
1/7
13,199 SF

5602-5610 Dorothy Dr
San Diego, CA 92115
College West


HIGHLIGHTS

  • Covered Land Play - Current Income $23,200/Month
  • RM-3-9 Zoning - 1Dwelling/600 Sqft
  • 22-23 Units can be built By Right
  • Walking Distance to SDSU

OVERVIEW

Currently operating as student rentals — each property (SFR + attached ADU) is master-leased as a single unit. 5602 Dorothy Dr (7BR/3BA, 2,111 SF) leases at $11,600/month through 25/26, stepping up to $11,800/month for 26/27. 5610 Dorothy Dr (7BR/4BA, 2,500 SF) leases at $11,600/month through 25/26, stepping up to $11,850/month for 26/27 — totaling $23,200/month currently, escalating to $23,650/month with no lease-up risk. Base zoning supports 23+ units by right at 1 unit per 600 SF, with additional density available through state and local bonus programs. TPA eliminates parking minimums and unlocks density bonus eligibility; SDA supports higher-intensity infill.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/ACRE

$13,863,171/AC

PRICE/SF

$318 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.3 AC

LAND SF

13,197 SF

OFFSITE IMPROVEMENTS

Telephone

ZONING

RM-3-9

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel SipherLandmark Multifamily And DevelopmentMore Info
408-368-5225

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Daniel SipherLandmark Multifamily And DevelopmentMore Info
408-368-5225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.