$3,095,000
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4513 23 Cleveland Ave, San Diego, CA 92116

9 Beds
6 Baths
3,400 Sq Ft

45134523 Cleveland Ave | University Heights, San Diego We are proud to present 45134523 Cleveland Ave, a newly renovated 6-unit multifamily property in the heart of University Heights, one of San Diegos 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 cafs, restaurants, entertainment, and major transit connectionsensuring 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.

  • MLS# 250044414
  • Date Listed11/20/2025
  • Days on Realty 9 Days
  • Bedrooms 9
  • Bathrooms 6 baths
  • Lot Size 0.16 acres (7,010 sq. ft)
  • County San Diego
  • Square Feet 3,400 sq. ft
  • Price Per Sq. Ft $910.29

Interior Features

  • Cooling Wall/Window Unit(s)

Exterior / Lot Features

  • Roof Composition
  • Lot Size Acres 0.16
  • Lot Size SQFT 7,010.00
  • Lot Features Landscaped

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92116

Source: Walkscore

85/100

Very Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

72/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

8 nearby routes: 7 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 44/100, Bike Score: 43/100.

Property Change History

Agent added 2 new photos to the listing
1113 photos
Agent added 6 new photos to the listing
511 photos
Agent added 5 new photos to the listing
05 photos

Points of Interest near 4513 23 Cleveland Ave, San Diego, CA 92116

Frequently Asked Questions for 4513 23 Cleveland Ave

Source: Realty.com

4513 23 Cleveland Ave, San Diego, CA 92116 is a , Residential Income property listed for $3,095,000 The property is 3400 sq. ft with 9 bedrooms and 6 bathrooms

Realty.com has 13 photos of 4513 23 Cleveland Ave.

The full address for this home is 4513 23 Cleveland Ave, San Diego, CA 92116.

4513 23 Cleveland Ave has been listed on Realty.com since Thu November 20, 2025

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 44/100, Bike Score: 43/100.

There are 3 schools assigned to this home. Check out the schools near 4513 23 Cleveland Ave. Florence Elementary School (Grades: PK - 5), Alba School (Grades: 7 - 12), Mark Twain Senior High School (cont.) (Grades: 9 - 12)

Listing provided courtesy of: San Diego Exclusive Properties (tel: 858-848-5478)
Listing agent: Daniel Freifeld (#708459)

This content last refreshed on 2025-11-29 13:37:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 4513 23 Cleveland Ave, San Diego, CA 92116 : MLS# 250044414