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$ 3,200,000
Est. payment /mo
New
4250-52 Cleveland Street San Diego, CA 92103
8 Beds
11 Baths
6,395 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision University Heights
MLS Listing ID 260015306
Bedrooms 8
Full Baths 8
Half Baths 3
Year Built 2020
Lot Size 6,395 Sqft
Lot Dimensions 55x125
Property Sub-Type Res Income 2-4 Units
Property Description
Prime investment opportunity! High-quality, turn-key 4-plex perfectly situated on the desirable Hillcrest side of University Heights. You walk to the best Hillcrest has to offer, steps to the Pride/Normal Street Promenade! This exceptional property is a true investment jewel, featuring a luxury triplex constructed new in 2020 alongside a completely and beautifully rehabilitated classic Craftsman bungalow.The entire property is lushly and professionally landscaped, offering fantastic curb appeal. The 3 modern triplex units are bright, sunny, and spacious, each boasting a thoughtful 2-bedroom, 2.5-bathroom floor plan. These units feature high-end designer kitchens and baths, central forced air conditioning, and full-sized in-unit laundry for maximum tenant comfort. For ultimate convenience and security, an automatic gate accessible via the alley opens to a large, secure parking area providing access to 3 two-car garages. Each triplex unit enjoys a private interior entrance directly from its garage. In total, the property features 7 off-street parking spaces—an incredibly valuable asset in this high-demand, growing neighborhood. The charming detached front Craftsman house is a character-rich 2-bedroom, 2-bathroom home that includes one dedicated parking space. Financial information is 2025 actual income and expenses. Additional income includes a consistent utility water and trash pass-through program. Unit 1 will be readily available for showings for the next two weeks only. Don't miss out on this pristine, low-maintenance asset in one of San Diego's best rental markets!
Location
State CA
County San Diego
Area Metro Uptown
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Fence Gate, Partial
View Y/N Yes
Water Access Desc Meter on Property
View City
Roof Type Composition
Building
Story 3
Water Meter on Property
Level or Stories 3
Others
Senior Community No
Tax ID 4452912600
Acceptable Financing Conventional
Listing Terms Conventional

Listed by Jim Scott, DRE#00830226 Scott & Quinn Real Estate
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