4250 52 Cleveland Street, San Diego, CA 92103

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!

Listing Status:

Active

Date Added:

June 24, 2026

Data Last Updated:

July 5, 2026 at 5:16PM

Listing Office:

Scott & Quinn Real Estate : 619-296-9511

Listing Agent:

Jim Scott : 619-920-9511

MLS ID:

260015306SD

Interior

• A/C: Central Air
• Heating: Natural Gas

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: 3

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: 4452912600
• View: View
• Fencing: Partial

Financial

• Source: CRMLS_SAND