CA > San Diego
San Diego, CA 92116,4513-23 Cleveland Ave
San Diego, CA 92116,4513-23 Cleveland Ave
San Diego, CA 92116,4513-23 Cleveland Ave
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$3,095,000
Est. payment /mo
9 Beds
3,400 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $910

MLS Listing ID 250044414

Bedrooms 9

Lot Size 7,010 Sqft

Property Sub-Type Com-Res Income

Property Description

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.

Location

State CA

County San Diego

Area Metro Uptown

Zoning R-3:RESTRI

Direction 4513-23 Cleveland Ave. San Diego CA 92116

Interior

Heating Wall

Cooling Wall/Window

Flooring Wood

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Dwelling Type Apartment

Story 1

Others

Senior Community No

Tax ID 445-112-12-00

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/250044414

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MLS Router / San Diego MLS
Listed by Daniel Freifeld San Diego Exclusive Properties
Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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4513-23 Cleveland Ave