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For SaleLuxury

$4,200,000

169 days on market

5602 & 5610 Dorothy Dr DR

San Diego, CA 92115

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1984

Built

Listing narrative

Description

Two adjacent parcels totaling 13,200 SF with 4 units total, zoned RM-3-9 within the College Area Community Plan Update — a designated Transit Priority Area (TPA) and Sustainable Development Area (SDA). 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. 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.

Listing agent (MLS): Daniel Sipher · Listing brokerage (MLS): Landmark Multifamily and Development

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$4,200,000

Beds

Beds n/a

Type

House

Home Size

Sqft n/a

Baths

Baths n/a

Year

1984

Neighborhood

San Diego

Status

For Sale

Days on Market

169

· 8% down, 7% APR, 30yr fixed
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Courtesy of Landmark Multifamily and Development