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0 Baths
3,360 sqft

$4,495,000

2611 Adams Avenue, San Diego CA, 92116

Price per sqft$1,337.80
Built in2025
Property size3,360 sqft
Property typeResidential
Listed by Eric von Bluecher CA DRE# 01926201 with Lee & Associates 760-929-7846

Overview

Active

Listed Sep 24, 2026

Updated 9h ago

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.

$29,905/mo

Est. mortgage payment based on a $4,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NDP2608921

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

New Construction
Yes
55+/Senior Community
No
MLS provider logo

Listed by Eric von Bluecher CA DRE# 01926201 with Lee & Associates 760-929-7846

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/2/2026. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/2/2026 at 5:21 AM UTC Last Checked: 5:21 AM UTC

 

 

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