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$4,495,000
1 Day On Site

2611 Adams Avenue
San Diego, CA 92116

For Sale|Residential Income|Active
0
Beds
0
Total Baths
3,360
SqFt
$1,338
/SqFt
2025
Built
County:
San Diego
Listed by Eric von Bluecher of Lee & Associates evb@lee-associates.com

Questions? Call or text Jean and Ken Tritle/ Buyer's Agents at DreamWell Homes Realty # 760-798-9024. Thanks!

Call Now: 760-798-9024
Is this the listing for you? We can help make it yours.
760-798-9024
2611 Adams Avenue2611 Adams Avenue2611 Adams Avenue2611 Adams Avenue
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7.1% CAP | SELLER FINANCING AVAILABLE. Rare North Park income property located along the highly desirable Adams Avenue Corridor. Offered at $4,495,000 with approximately $319,000 NOI based on current underwriting. Fully renovated down to the studs in 2025, the property features 10 furnished hotel suites leased to a single operator plus a separately leased restaurant / hospitality component. Commercial space is leased at $15,000/month on a long-term NN lease through August 2035 with 3% annual rent increases and additional percentage-rent potential. Property offers a low-maintenance operating structure with many expenses paid by the respective tenants/operators. Prime walkable North Park location, approximately 5 on-site parking spaces and expansive indoor/outdoor commercial space. Ideal 1031 exchange opportunity. Seller financing available to qualified purchasers. Potential leaseback / owner-operator flexibility. Beer & wine license may be available separately in connection with the sale, subject to transferability and applicable approvals. Buyer to verify all information.

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Listing Snapshot
Price 
$4,495,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
3,360 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1609 Acres
Year Built 
2025
MLS® Number 
NDP2608921
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.1609
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
5
Property Condition 
New Construction
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3360
Zoning 
Commercial. Buyer to veri
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Community Features 
Suburban
MLS Area 
92104 - North Park
Financing Terms Available 
Submit
Building Access 
Front Of Street & Side


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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Call or Text DreamWell Homes Realty at 760-798-9024 for more information. Thank you!