4514 Cleveland Ave - Apartments FOR SALE


San Diego, CA 92116- University Heights
$3,445,000 USD
858-369-3084
4514 Cleveland Ave, San Diego, CA for Sale
$3,445,000 USD
Apartments - FOR SALE
1/12
null | 4.19% Cap Rate

4514 Cleveland Ave
San Diego, CA 92116
University Heights


OVERVIEW

This upgraded 9-unit multifamily property offers investors stable income with long-term upside. Located just blocks from University Heights’ vibrant retail and dining core, it benefits from strong neighborhood appeal, favorable demographics, and high tenant demand. Renovated units offer room for further value-add through comprehensive upgrades or by converting the garage to an ADU. Residents enjoy easy freeway access and nearby amenities, including Sprouts Farmers Market and top-rated restaurants.

FOR SALE DETAILS

PRICE

$3,445,000 USD

PRICE/SF

$559 USD /SF

# OF UNITS

9

PRICE/UNIT

$382,778

CAP RATE

4.19%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cleveland Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,814 SF

ZONING

RM-2-5

APN/PARCEL ID

445-111-21

ASK ABOUT THIS PROPERTY

Eric ComerKidder MathewsMore Info
858-369-3084

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Eric ComerKidder MathewsMore Info
858-369-3084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.