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!
- Cooling System:
- Central Forced Air
- Fence:
- Partial, Gate
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- UNIVERSITY HEIGHTS
- Zipcode:
- 92103
- Street:
- Cleveland Street
- Street Number:
- 4250-52
- Longitude:
- W118° 50' 58.4''
- Latitude:
- N32° 45' 16''
- Mls Area Major:
- Metro Uptown
- Office Name:
- Scott & Quinn Real Estate
- Agent Name:
- Jim Scott
- Building Size:
- 4677
- Construction Materials:
- Stucco, Wood
- Levels:
- 3 Story
- Lot Size Dimensions:
- 55x125
- Number Of Units Total:
- 4
- On Market Date:
- 2026-06-24
- Stories Total:
- 3
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/260015306
- Water Source:
- Meter on Property
- List Agent Mls Id:
- 611474
- List Office Mls Id:
- 8802
- Listing Term:
- Conventional
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-07-06T18:20:11Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
4250-52 Cleveland Street, San Diego, CA 92103
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260015306
- Price :
- $3,200,000
- View :
- City
- Bedrooms :
- 8
- Bathrooms :
- 11
- Half Bathrooms :
- 3
- Year Built :
- 2020
- Status :
- Active
- Full Bathrooms :
- 8
- Property Sub Type :
- Res Income 2-4 Units
- Roof:
- Composition