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Listed by: Eric von Bluecher (760) 929-7846 DRE #01926201 | Lee & Associates (760) 929-9700
$4,495,000
Monthly Est:$22,373
-- Bed
-- Bath
3,360sqft
2611 Adams Ave, San Diego, CA 92116
$4,495,000
$22,373/moEst:
Get Pre-Approved
Multi Family
Built in 2025
$-- HOA
7,009 sqft lot
$1,338/sq.ft
Description
NORTH PARK | SELLER FINANCING AVAILABLE. 2611 Adams Avenue is a fully renovated mixed-use income property along the highly desirable Adams Avenue Corridor. Offered at $4,495,000, the property features 10 furnished hotel suites currently operated by ownership plus a separately leased restaurant / hospitality component. Furnished suites have generated approximately $18,000/month in average historical income under current ownership. Seller is open to negotiating an approximately $15,000/month leaseback of the suite operations, with rent, term and other provisions negotiable. Restaurant is separately leased at $15,000/month under a long-term NN lease through August 2035 with 3% annual increases and additional percentage-rent potential. Fully renovated down to the studs in 2025. Prime North Park / Adams Avenue location. Approx. current 7.1% cap and $319K NOI based on current underwriting and owner-operated suite income.* Ideal 1031 exchange opportunity. Potential beer & wine license availability and owner-operator flexibility. Buyer to independently verify all financial, lease, licensing, use and property information.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 1, 2026 at 10:36 pm
- Source: California Regional MLS-CA | MLS#: NDP2608921
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
2025
HOA Fees
-
Finished Area
3,360 sqft
Lot Size
7,009 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
NDP2608921
MLS Status
Active
Days on Market
14
Cumulative Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Laundry Features
None
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Suburban
Price History
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Listed for Sale | $4,495,000 $1,338/sqft |
02/23/2026 Source: | Off Market | $4,495,000 $1,338/sqft |
North Park Ranks #92 in San Diego, CA
Homes
Rental Prices
Median Home Price
Getting Around 2611 Adams Ave
Bike Score®
Bikeable
69/100
Walk Score®
Very Walkable
90/100
Transit Score®
Some Transit
49/100
Data provided by Redfin
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 06:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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