4513-23 Cleveland Ave San Diego, CA 92116

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.