San Diego, CA 92103,4350 Cleveland Ave

$1,595,000

Est. payment /mo

$1,695,000

5.9%
Est.Price: ?

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4350 Cleveland Ave San Diego, CA 92103

6,965 Sqft Lot

SOLD DATE : 10/20/2021

Key Details

Sold Price $1,595,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision University Heights

MLS Listing ID 210025959

Sold Date 10/20/21

HOA Y/N No

Year Built 2002

Lot Size 6,965 Sqft

Acres 0.1599

Property Description

Investors' dream- APPROVED PLANS for a modern 12 unit residential development known as C12 Lofts in the highly desirable neighborhood of University Heights! C12 is a 3 story building consisting of 2 studios, 6 1 BR/1BA units and 4 2BR/2BA units. Each home will enjoy its own private & spacious balcony/patio which opens to the living area capturing the indoor/outdoor lifestyle of San Diego living. On the first level there will be a spacious community room and community patio for residents to enjoy. Additionally, there is a fabulous rooftop deck where residents can partake in evening sunsets, views & breezes while entertaining guests or simply lounging after a long day. Each home is thoughtfully designed and offers future residents modern, well laid out interiors, large folding glass doors to the outside patio, in unit washer and dryer & heating and cooling. Incredible opportunity for investors to begin construction ASAP and capture the hot rental market in San Diego, or build and re-sale. The new owner may elect to apply for a condo map allowing for the resale of each unit individually if successful. There may also be the potential to add 2 more units (ADU's) however, buyers would need to explore this with the City of San Diego as seller makes no warranty. Site is located in the heart of University Heights- walking distance to Trolly Barn Park, Park Blvd for dining and entertainment, Vermont St. footbridge, Hillcrest, Balboa Park, the farmers market, fabulous dining, entertainment, shopping and so much more. High walk score make this location a dream. Alley access. Exterior: Wood/Stucco Sewer: Sewer Connected Unit 1 Parking Spaces: 1 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0 Topography: GSL

Location

State CA

County San Diego

Area 92103 - Mission Hills

Zoning R-3:RESTRI

Interior

Heating SeeRemarks

Cooling None

Fireplace No

Exterior

Fence Partial

Pool None

View Y/N Yes

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4452712300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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California Regional MLS (CRMLS)
Listed by Tami McCraw • Urban Dwellings
Bought with OUT OF AREA • OUT OF AREA

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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