4103 Cleveland Ave, San Diego, California 92103, San Diego, 92103 - 2 bed, 2 bath
Loading property details...
San Diego, California 92103
Analysis of 4103 Cleveland Ave, San Diego, California 92103 is currently available with a list price of $849,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1968 (56 years old) with no major renovations cited. The listing explicitly states the property is priced for land value, requires substantial renovation, and is marketed as a redevelopment opportunity for its multi-family density potential.
The RM4-11 zoning allows for one unit per 200 sq ft of lot area, presenting a premier multi-family redevelopment opportunity in a high-demand San Diego corridor.
Situated in the heart of Hillcrest, the property offers exceptional walkability to University Avenue, the future Normal Street Promenade, and convenient freeway access.
The lot features a detached two-car garage and a generous yard, providing a functional footprint and added value for builders and investors during the planning phase.
The existing dwelling requires substantial renovation and is priced for land value, making it unsuitable for traditional buyers seeking a move-in ready home.
Sold strictly as-is with a disclaimer that photos do not reflect the full scope of work, indicating significant hidden costs and a complex project for the eventual owner.
Zoned RM4-11 in heart of Hillcrest, priced for land value, not the dwelling. Existing structure requires substantial renovation & is sold strictly as-is; the photos do not reflect the scope of work involved. One block from the future Normal Street Promenade, steps to University Ave & freeway access. Detached 2-car garage & generous yard. Density supports up to 1 unit per 200 sq ft of lot area — a legitimate multi-family opportunity in one of San Diego's most active redevelopment corridors. Showings for investors, builders, & buyers prepared to take on the project.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 808 | 1,988.5 | 4% |
| Lot Size | - | 5,450 | 19% |
| Price | $849.0K | $1.76M | 4% |
| Price per sq ft | $1.1K | $957 | 57% |
| Built year | 1968 | 1930 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 117 | 10% |
May 29, 2026
$849,000
Initial Listing
May 21, 2009
$445,000
Public Record
Apr 5, 2002
$300,000
Public Record
Feb 10, 2000
$235,000
Public Record
Mar 11, 1994
$115,000
Public Record