4250 Cleveland St

San Diego, CA 92103
  • $2,900,000

    Price
  • 8

    Bed
  • 11

    Bath
  • 0.15

    Acre

About the Listing SAND-8802 - SAND-611474

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!

Listing Highlights for 4250 Cleveland St

Status Active
Days on Site 114
Property Type Multi-Family
MLS ® 260015306SD
Year Built 2020
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 8
  • Bathrooms: 11 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Drip Irrigation/Bubblers,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 55x125
  • Roof: Composition
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4452912600
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

4250 Cleveland St San Diego, CA 92103

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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