5602 & 5610 Dorothy Dr San Diego, CA $ 4,200,000
5602 & 5610 Dorothy Dr
$ 4,200,000
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5602 & 5610 Dorothy Dr

San Diego, CA, 92115
$ 4,200,000
Baths1.0

Monthly Estimate*

$ 25,860

Listed by Landmark Multifamily and Development
5602 & 5610 Dorothy Dr, San Diego, CA 92115 - Image 1
5602 & 5610 Dorothy Dr, San Diego, CA 92115 - Image 2
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5602 & 5610 Dorothy Dr, San Diego, CA 92115 - Image 4
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5602 & 5610 Dorothy Dr, San Diego, CA 92115 - Image 6
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5602 & 5610 Dorothy Dr, San Diego, CA 92115 - Image 8
5602 & 5610 Dorothy Dr, San Diego, CA 92115 - Image 9
5602 & 5610 Dorothy Dr, San Diego, CA 92115 - Image 10
5602 & 5610 Dorothy Dr, San Diego, CA 92115 - Image 11
Studio

Multi-Family Home for sale in San Diego, CA

for $4,200,000 with 1 full bath. This home was built in 1984.

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.

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Multi-Family Active

Price

$ 4,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1984

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260012515SD

Days on Market

2

Features
General
Cooling None See Remarks
Zoning RM-3-9
HOA Fee 0
Year Built 1984
Tenant Pays Gas Water
Stories Count 1
Levels One
County San Diego
Net Operating Income 204220
Property Type Residential Income
Subdivision Name San Diego
Status Active
Directions CrossStreet: Dorothy Dr & Dorothy Way
City San Diego
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92115 - San Diego
Standard Status Active
Cap Rate 4.9
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Park Name College Area
Number of Buildings 2
Spa false
Lot Size Source Assessor
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* Excluded Features
List By
Landmark Multifamily And Development

Broker

dan@sdlandmark.com

Email

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$25,860
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Monthly Principal & Interest
$25,860
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2026$4,200,000 Listed Price

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5602 & 5610 Dorothy Dr, San Diego, CA, 92115 is a Multi-Family Home for sale at $4,200,000. 5602 & 5610 Dorothy Dr is a studio with 1.0 baths and was built in 1984. The property's zip code is 92115 which is in San Diego, CA