Active

2611 Adams Avenue

San Diego, CA 92116
Mark as Favorite
Bed --

Bed

Bath 0

Bath

SqFt7,009

Sqft(Lot)

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 Par k / 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.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,495,000

AD Id : 91480086

MLS Id : NDP2608921

Lot Size : 7,009 Sq. Ft

Year Built : 2025

County : San Diego

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Building Information

    Year Built: 2025
    Building Area Total: 3360
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7009 Lot Size Acres: 0.1609 Lot Size Source: Assessor Lot Size Square Feet: 7,009 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $4495000
    Submit

  • Tax Information

    Parcel Number: 4450820100 Tax Lot: 8-255

  • Parking Information

    Parking Total: 5

  • Location Information

    Direction: Contact Broker for Instructions
Sell a home like this and save $269,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4685 Hamilton Street, San Diego, CA, 92116 $1,750,000 4 3 -- --
4454 4460 Campus Ave, San Diego, CA, 92116 $1,860,000 7 5 -- 7,017 Sq. Ft
3935 41 Madison Ave, San Diego, CA, 92116 $1,250,000 2 4 -- 2,414 Sq. Ft
4768 74 Bancroft St, San Diego, CA, 92116 $2,454,000 7 6 -- 6,225 Sq. Ft
4480 86 Texas St, San Diego, CA, 92116 $1,995,000 5 4 -- 6,996 Sq. Ft
4811 E Alder Drive, San Diego, CA, 92116 $2,439,000 5 4 3,222 0.57 Acre
4282 Middlesex Drive, San Diego, CA, 92116 $2,795,000 5 4 3,523 10,087 Sq. Ft
5150 Bristol Road, San Diego, CA, 92116 $2,295,000 4 4 3,271 5,757 Sq. Ft
4653 E Talmadge Dr, San Diego, CA, 92116 $1,995,000 3 2 1,992 8,841 Sq. Ft
Residential, San Diego, CA, 92116 $1,849,000 3 2 1,538 6,406 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/09/2026 @ 00:22

MLS: NDP2608921 LISTED BY: Eric von Bluecher, Lee & Associates 760-929-9700 SOURCE: CRMLS

Homes around $4,495,000

Selling? Save $269,201 when you sell a home like this

Tour with a ByOwner Agent