We are pleased to present The Monk Apartments, a fully entitled 21-unit RTI development opportunity located at 2889-91 Adams Avenue, San Diego, CA. The Monk Apartments is comprised of plans for fourteen (14) one-bedroom units, five (5) studios, and two (2) loft-style units. Once constructed, the four-story project will span approximately 13,200 square feet of gross area (including exterior circulation), with 9,000 square feet of interior R-2 floor space. The building will be constructed as a Type VA, all-electric property, prioritizing walkability and urban sustainability. The project includes a large 22-capacity bike storage room and features100% exterior corridors and stairs, eliminating the need for interior hallways or podium parking. Located on the prominent corner of Adams Avenue and Kansas Street, The Monk Apartments is situated in the heart of North Park, one of San Diego’s most vibrant and eclectic urban neighborhoods. With a Walk Score in the mid-90s, residents will enjoy immediate access to Adams Avenue’s popular cafés, restaurants, and retail, as well as seamless connectivity to major freeways including I-805, I-15, and I-8. The area is known for its dense mix of local culture, thriving arts scene, and strong rental demand among young professionals and creatives that comprise San Diego''s ever-growing economy. This project offers a rare opportunity to deliver a boutique, architecturally distinctive multifamily asset in a high-barrier-to-entry submarket.
Property Details
Price:
$1,700,000
MLS #:
250025796SD
Status:
Active
Baths:
0
Address:
2889 Adams Ave 4460232900
Type:
Land
Subdivision:
North Park
Neighborhood:
92116normalheights
City:
San Diego
Listed Date:
Apr 28, 2025
State:
CA
ZIP:
92116
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Community
- Address2889 Adams Ave 4460232900 San Diego CA
- Area92116 – Normal Heights
- SubdivisionNorth Park
- CitySan Diego
- CountySan Diego
- Zip Code92116
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2889 Adams Ave 4460232900
San Diego, CA
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