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Marcie Sands

myagentmarcie@gmail.com +1(760) 644-1562

$ 3,095,000

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4513-23 Cleveland Ave San Diego, CA 92116

9 Beds

6 Baths

3,400 SqFt

UPDATED:

Key Details

Property Type Single Family Home

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

Listed by Daniel Freifeld San Diego Exclusive Properties

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Museum

Public | KG - 8
9

Grant School

Public | KG - 8
9

Chesterton Elementary School

Public | KG - 5
9

Fletcher Elementary School

Public | KG - 5
9

Birney Elementary School

Public | PK - 5
9

Jones Elementary School

Public | KG - 5
9

McKinley Elementary School

Public | KG - 5
8

Old Town Academy K-8 Charter

Public | KG - 8
8

Florence Elementary School

Public | KG - 5
8

Garfield Elementary School

Public | PK - 5
8

Edison Elementary School

Public | PK - 5
7

Longfellow K-8

Public | KG - 8
7

Jefferson Elementary School

Public | PK - 5
7

Cubberley Elementary School

Public | KG - 5
7

San Diego Global Vision Academy

Public | KG - 5
6

San Diego Cooperative Charter

Public | KG - 8
6

Washington Elementary School

Public | KG - 5
6

Urban Discovery Academy Charter

Public | KG - 8
6

Normal Heights Elementary School

Public | PK - 5
6

Rowan Elementary School

Public | KG - 5

Middle Schools 9

7

Albert Einstein Academy Charter Middle School

Public | 6 - 8
5

Roosevelt Middle School

Public | 6 - 8
5

Taft Middle School

Public | 6 - 8
4

Montgomery Middle School

Public | 6 - 8
4

Health Sciences Middle School

Public | 6 - 9
3

Wilson Middle School

Public | 6 - 8
1

Twain High School

Public | 7 - 12
0

Cook Education Center - Tiee

Private | 7 - 12
0

San Diego Global Vision Academy Middle School

Public | 6 - 8

High Schools 20

9

San Diego Early/Middle College

Public | 9 - 12
8

Kearny High School of College Connections

Public | 9 - 12
8

Kearny High School of Science Connections and Technology

Public | 9 - 12
8

San Diego High School of International Studies

Public | 9 - 12
7

Ihigh Virtual Academy

Public | 9 - 12
7

Kearny High School of Digital Media and Design

Public | 9 - 12
7

Stanley E. Foster School of Engineering, Innovation and Design

Public | 9 - 12
6

E3 Civic High School

Public | 9 - 12
6

Health Sciences High School

Public | 9 - 12
5

San Diego Metro Career and Tech

Public | 9 - 12
5

San Diego High School of Science and Technology

Public | 9 - 12
4

King-Chavez Community High School

Public | 9 - 12
1

San Diego High School of Business and Leadership

Public | 9 - 12
1

Garfield High School

Public | 9 - 12
1

Arroyo Paseo Charter High School

Public | 9 - 12
0

Scy High School

Private | 9 - 12
0

San Diego County Regional Occupational Program

Public | 9 - 12
0

San Diego High School of Media, Visual and Performing Arts

Public | 9 - 12
0

Urban Skills Center

Private | 9 - 12
0

Academy of Our Lady of Peace

Private | 9 - 12

School and business data provided by Attom Data.

Marcie Sands

REALTOR® | CA DRE#01428288

+1(760) 644-1562

Marcie Sands

4513-23 Cleveland Ave San Diego, CA 92116

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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4513-23 Cleveland Ave