Properties

San Diego, CA 92116 4513 Cleveland Ave

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Presented By: Daniel Freifeld with San Diego Exclusive Properties;
  • MLS# 250044414SD
  • 11/20/2025
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Home Details

4513โ€“4523 Cleveland Ave | University Heights, San Diego We are proud to present 4513โ€“4523 Cleveland Ave, a newly renovated 6-unit multifamily property in the heart of University Heights, one of San Diegoโ€™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 cafรฉs, restaurants, entertainment, and major transit connectionsโ€”ensuring exceptionally low vacancy risk and consistent rental demand. Investment Highlights โ€ข Fully renovated, turnkey asset โ€ข Strong unit mix with balanced tenant appeal โ€ข 4 stabilized units + 2 brand-new units โ€ข All units feature new appliances, electrical, W/Ds, and mini-splits โ€ข 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. 4513โ€“4523 Cleveland Ave | University Heights, San Diego We are proud to present 4513โ€“4523 Cleveland Ave, a newly renovated 6-unit multifamily property in the heart of University Heights, one of San Diegoโ€™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 cafรฉs, restaurants, entertainment, and major transit connectionsโ€”ensuring exceptionally low vacancy risk and consistent rental demand. Investment Highlights โ€ข Fully renovated, turnkey asset โ€ข Strong unit mix with balanced tenant appeal โ€ข 4 stabilized units + 2 brand-new units โ€ข All units feature new appliances, electrical, W/Ds, and mini-splits โ€ข 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.
Presented By: Daniel Freifeld with San Diego Exclusive Properties;

Interior Features for 4513 Cleveland Ave

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes

General for 4513 Cleveland Ave

CitySan Diego
CoolingWall/Window Unit(s)
CountySan Diego
Directions4513-23 Cleveland Ave. San Diego CA 92116
HOA Fee$
HeatingWall Furnace
Listing TermsCash, Cash to New Loan
Lot Size Square Feet7010
Lot Size UnitsSquare Feet
MLS Area92116 - Normal Heights
Number Of Units Total6
Operating Expense36471
PostalCitySAN DIEGO
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofComposition
Standard StatusActive
StatusActive
Virtual TourClick here
ZoningR-3:RESTRI

Exterior for 4513 Cleveland Ave

Lot Size Acres0.1609
Lot Size Area7010
Number of Buildings1
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,095,000
MLS#250044414SD
List Date 11/20/2025
Property Type Commercial
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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