2611 Adams Avenue San Diego, CA ^$ 4,495,000

2611 Adams Avenue

^$ 4,495,000

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Recently Listed

2611 Adams Avenue

San Diego, CA, 92116

^$ 4,495,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 31,046

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2611 Adams Avenue, San Diego, CA 92116 - Image 5

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2611 Adams Avenue, San Diego, CA 92116 - Image 12

Multi-Family Home for sale in San Diego, CA

for $4,495,000. The lot size is 0.160904.

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.

Multi-Family Active

Price

^$ 4,495,000

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.160904

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

NDP2608921

Features

General

Zoning Assessor

HOA Fee 0.0

Pool Features N/K

Year Built 0

Property Subtype Res Income 2-4 Units

County San Diego

Operating Expense 65352.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Status ACTIVE

Directions Contact Broker for Instructions

City North Park (san Diego)

Senior Community Y/N N

Number Of Units Total 11

Lot Size Units Acres

Lot Size Square Feet 7009.0

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 7.09

Freehold IDX

Exterior

Lot Size Area 0.1609

Number of Buildings 1

Building Area Total 0.0

Waterfront Y/N N

Interior

Total Stories 1

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 0

Total Baths 0

* Excluded Features

List By

Eric von Bluecher

Listing Agent

Lee & Associates

Broker

(760) 929-7846

Phone

Affordability Calculator

$31,046

Per Month

Monthly Principal & Interest: $31,046
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,218,208

Percent of Sale Price 51%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/24/2026	$4,495,000		Listed Price

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2611 Adams Avenue, San Diego, CA, 92116 is a Multi-Family Home for sale at $4,495,000 with a lot size of 0.160904. 2611 Adams Avenue has 0.0 baths. The property's zip code is 92116 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

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 Multiple Listing Service, Inc. 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.

Data is updated as of 10/12/2026.

CA BRE #019180026.

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2611 Adams Avenue

Multi-Family Home for sale in San Diego, CA

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