2611 Adams, North Park (San Diego) CA 92116 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Eric von Bluecher of Lee & Associates. Last updated 2026-10-17 08:12:32.000000. Listing information © 2026 Sandicor.

Asking Price: $4,495,000 | ​​​​​​​

2611 Adams, North Park (San Diego) CA 92116

Community: ​92104 - North Park

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This property was built in 2025 and is priced at $4,495,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: NDP2608921
  • Type:
  • Year Built: 2025
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.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152