4513–4523 Cleveland Ave University Heights, San Diego We are proud to present 4513–4523 Cleveland Ave, a newly renovated 6-unit multifamily property in the heart of University Heights, one of San Diego’s most desirable and high-demand rental markets. The property offers an ideal mix of (3) one-bed/one-bath… Read More units and (3) two-bed/one-bath units, all upgraded to modern, tenant-preferred standards. Four units are already leased to highly qualified tenants, while two brand-new units have just been completed and are ready for immediate lease-up. Each unit features brand-new appliances, updated electrical, in-unit washer/dryers, and new mini-split heating and cooling systems, creating durable long-term value and strong renter appeal. These upgrades significantly reduce maintenance needs and position the property as a top-tier offering within the submarket. Located steps from Park Blvd and Adams Ave, residents enjoy walkability to cafés, restaurants, entertainment, and major transit connections—ensuring exceptionally low vacancy risk and consistent rental demand. Investment Highlights • Fully renovated, turnkey asset • Strong unit mix with balanced tenant appeal • 4 stabilized units + 2 brand-new units • All units feature new appliances, electrical, W/Ds, and mini-splits • Prime University Heights location with excellent appreciation potential This is a rare chance to acquire a high-quality, low-maintenance property with both immediate cash flow and long-term upside. 4513–4523 Cleveland Ave University Heights, San Diego We are proud to present 4513–4523 Cleveland Ave, a newly renovated 6-unit multifamily property in the heart of University Heights, one of San Diego’s most desirable and high-demand rental markets. The property offers an ideal mix of (3) one-bed/one-bath units and (3) two-bed/one-bath units, all upgraded to modern, tenant-preferred standards. Four units are already leased to highly qualified tenants, while two brand-new units have just been completed and are ready for immediate lease-up. Each unit features brand-new appliances, updated electrical, in-unit washer/dryers, and new mini-split heating and cooling systems, creating durable long-term value and strong renter appeal. These upgrades significantly reduce maintenance needs and position the property as a top-tier offering within the submarket. Located steps from Park Blvd and Adams Ave, residents enjoy walkability to cafés, restaurants, entertainment, and major transit connections—ensuring exceptionally low vacancy risk and consistent rental demand. Investment Highlights • Fully renovated, turnkey asset • Strong unit mix with balanced tenant appeal • 4 stabilized units + 2 brand-new units • All units feature new appliances, electrical, W/Ds, and mini-splits • Prime University Heights location with excellent appreciation potential This is a rare chance to acquire a high-quality, low-maintenance property with both immediate cash flow and long-term upside. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Mixed Use
Lot Size
0.16 Acres
MLS Number
250044414SD
30 Days Snapshot Of 92116
$1.23M
+22%
(avg) sold price
21
+31%
homes sold
60
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building
Cooling
WallWindowUnits
Expenses
Operating expense: $36,471
Heating
WallFurnace
Lot
0.1609 acres, 7,010 square feet, Size: 7,010
Property
Zoning: R-3:RESTRI
Roof
Composition
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
