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.
Property Details
Price:
$4,495,000
MLS #:
NDP2608921
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
92104northpark
Listed Date:
Sep 24, 2026
Total Sq Ft:
3,360
Lot Size:
7,009 sqft / 0.16 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
SUB
New Construction YN
1
Parking Spots
5
Parking Total
5
Financial
Map
Community
- Address2611 Adams AV North Park (San Diego) CA
- CityNorth Park (San Diego)
- CountySan Diego
- Zip Code92116
Market Summary
Current real estate data for Single Family in North Park (San Diego) as of Oct 15, 2026
3
Single Family Listed
45
Avg DOM
5
Avg $ / SqFt
$1,898,333
Avg List Price
Property Summary
- 2611 Adams AV North Park (San Diego) CA is a Single Family for sale in North Park (San Diego), CA, 92116. It is listed for $4,495,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2025. The average price per square foot for Single Family listings in North Park (San Diego) is $5. The average listing price for Single Family in North Park (San Diego) is $1,898,333.
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