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    4350 Cleveland Ave

    San Diego, CA 92103
    • $1,695,000
    • STATUS: ACTIVE
    • ON SITE: 14 days
    • ID#: 210025959
    UPDATED: 3 min ago
    $1,695,000
    • 3
      BEDS
    • 0.16
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $848
      $/SQFT
    Neighborhood:
    Uh
    Type:
    Multi-Family
    Built:
    2002
    County:

    School Ratings & Info

    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.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/121359142
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    4350 Cleveland Ave San Diego, CA 92103

    • Price: $1,695,000
    • Status: ACTIVE
    • Updated: 3 min ago
    • ID#: 210025959
    3
    Beds
    4
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,000
    SQFT
    $848
    $/SQFT
    2002
    Built
    Neighborhood:
    Uh
    County:
    San Diego
    Area:
    Mission Hills (92103)
    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 Features

    Exterior Wood/Stucco Fencing Partial Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 Detached Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 0 Parking Non Garage Desc Unit1 None Known Parking Non Garage Desc Unit2 None Known Parking Spaces Total Unit1 1.0 Parking Spaces Total Unit2 0.0 Parking Spaces Total Unit3 0.0 Parking Spaces Total Unit4 0.0 Pool N/K Roof Composition Site Alley AccessPublic Street Spa N/K Topography Slope Gentle Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Units With Garages 1 Units With Patios 2 View Other/Remarks

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/GravityOther/Remarks Heat Source Other/Remarks Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 1 Units With Washers 0 Water Heater Type Other/Remarks

    Property Features

    Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community University Heights Complex Features Laundry Facilities Complex Park N/A Cross Streets Meade Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 0 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications N/K Tenant Pays N/K Terms CashConventional Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Rent Actual 0.0 Water Meter On Property Zoning R-3:Restri

    Listing provided courtesy of Urban Dwellings. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101