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.
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 Sep 25, 2026
2
Single Family Listed
12
Avg DOM
$2,846,500
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 listing price for Single Family in North Park (San Diego) is $2,846,500.
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