2611 Adams Ave , North Park (san Diego), CA 92116
$4,495,000
Est. Payment: $22,698.43/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 164
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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,

Highlights

Listed by Eric von Bluecher , 760-929-7846 Lee & Associates , 760-929-9700. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

County

San Diego

Listing ID

NDP2601764

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$22,698
Taxes
$2,866

Home Price

$4,495,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$899,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$22,698.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $22,698.43 $2,865.56 $0.00 $25,563.99
Yearly $272,381.17 $34,386.75 $0.00 $306,767.92
Total $8,171,435.16 $1,031,602.50 $0.00 $9,203,037.66

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (North Park (san Diego), CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T18:33:54.000Z

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