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$4,495,000
Est. payment /mo
7,009 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2601764
Lot Size 7,009 Sqft
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
The Von Bluecher Group at Lee and Associates is proud to present 2611 Adams Avenue, San Diego Multifamily Investment Property, a fully rebuilt 2025 mixed use apartment building investment located in the heart of North Park along the highly desirable Adams Corridor. This San Diego multifamily and mixed use investment offers diversified income from a stabilized restaurant lease and 10 fully furnished luxury boutique suites, delivering strong in place cash flow in one of the most walkable and supply constrained neighborhoods in San Diego. The property sits on a 7,009 square foot lot with approximately 3,360 square feet of total building area and includes five on site parking spaces. The building was rebuilt from the ground up in 2025 with modern construction, open floor plans, and high end interior and exterior finishes. Multifamily and Mixed Use Investment Highlights The residential component includes 10 fully furnished luxury boutique suites totaling approximately 2,330 square feet. Six units are approximately 285 square feet and four units are approximately 155 square feet. Each suite features a private bathroom, wet bar amenities, and modern finishes, making the property ideal for short term rental, corporate housing, extended stay, or traditional multifamily configurations. The luxury suites are projected to generate approximately $26,215 per month at an 80 percent average occupancy rate, reflecting strong demand for furnished housing in North Park and the Adams Corridor. The commercial component includes a 1,030 square foot tap room with a full bar, walk in refrigerator,
Location
State CA
County San Diego
Zoning Assessor
Direction Contact Broker for Instructions
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4450820100
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Listed by Eric von Bluecher, DRE#01926201 Lee & Associates
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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