4513-23 Cleveland Ave, San Diego, CA 92116
Local realty services provided by:CENTURY 21 Affiliated
Listed by: daniel freifeld
Office: san diego exclusive properties
MLS#:250044414
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,095,000
- Price per sq. ft.:$910.29
About this home
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....
Contact an agent
Home facts
- Listing ID #:250044414
- Added:114 day(s) ago
- Updated:March 15, 2026 at 02:01 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Flooring:Wood
- Living area:3,400 sq. ft.
Heating and cooling
- Cooling:Wall/Window
- Heating:Wall
Structure and exterior
- Roof:Composition
- Building area:3,400 sq. ft.
- Levels:1 Story
Finances and disclosures
- Price:$3,095,000
- Price per sq. ft.:$910.29
New listings near 4513-23 Cleveland Ave
- New
$555,000Active2 beds 2 baths904 sq. ft.4575 Contour Blvd #103, San Diego, CA 92115
MLS# 260005934Listed by: RE/MAX CONNECTIONS - Open Mon, 3 to 6pmNew
$617,000Active3 beds 2 baths1,373 sq. ft.6977 Parkside #A, San Diego, CA 92139
MLS# 260006077Listed by: EXP REALTY OF SOUTHERN CALIFORNIA, INC. - New
$4,679,000Active6 beds 9 baths1311-15 Pacific Beach Dr, Pacific Beach (san Diego), CA 92109
MLS# 260006079Listed by: COLDWELL BANKER WEST - New
$4,679,000Active-- beds -- baths1311 Pacific Beach Dr, San Diego, CA 92109
MLS# 260006079SDListed by: COLDWELL BANKER WEST - Open Wed, 11am to 1pmNew
$1,299,000Active4 beds 2 baths1,731 sq. ft.13323 Thunderhead St, San Diego, CA 92129
MLS# 260006072Listed by: EXP REALTY OF SOUTHERN CALIFORNIA, INC. - New
$1,300,000Active3 beds 3 baths2,348 sq. ft.12595 Camino Vuelo, San Diego, CA 92128
MLS# 260006069SDListed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$775,000Active2 beds 2 baths1,013 sq. ft.450 J Street #3251, San Diego, CA 92101
MLS# 260006071SDListed by: RE/MAX CITY REAL ESTATE - New
$1,475,000Active8 beds 3 baths2,076 sq. ft.4928 64th St, San Diego, CA 92115
MLS# CRNDP2601970Listed by: LPT REALTY - New
$1,785,000Active3 beds 3 baths1,642 sq. ft.3761 Oleander Dr, San Diego, CA 92106
MLS# CRNDP2601991Listed by: REALTY SOURCE, INC - New
$2,979,000Active5 beds 4 baths3,603 sq. ft.2812 Poinsettia Drive, San Diego, CA 92106
MLS# CRNDP2601992Listed by: REALTY SOURCE, INC