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$3,095,000
New Listing

4513-23 Cleveland Ave
San Diego, CA 92116

For Sale|Residential Income|Active
9
Beds
6
Total Baths
3,400
SqFt
$910
/SqFt
County:
San Diego
Listed by Daniel Freifeld of San Diego Exclusive Properties 8589975884
Call Now: 858-248-5453
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858-248-5453
4513-23 Cleveland Ave4513-23 Cleveland Ave4513-23 Cleveland Ave4513-23 Cleveland Ave
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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.

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Listing Snapshot
Price 
$3,095,000
Days On Site 
0 Days
Bedrooms 
9
Inside Area (SqFt) 
3,400 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
N/A
MLS® Number 
250044414
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
6 hours agoListing first seen on site
General Features
SqFt Total 
3400
Zoning 
R-3:RESTRI
Interior Features
Cooling 
Wall/Window Unit(s)
Window Features 
Shutters
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Exterior Features
Fencing 
Wood
Lot Features 
Landscaped
Roof 
Composition
Windows/Doors 
Shutters
Community Features
Financing Terms Available 
Cash
MLS Area 
Metro Uptown
Listed by Daniel Freifeld of San Diego Exclusive Properties 8589975884



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Last checked 2025

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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