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2611 Adams Ave
San Diego, CA 92116 North Park

$4,495,000 USD

Apartments For Sale • 3,360 SF

Property Details

Property Type Apartments
Total Building Size 3,360 SF
Lot Size 0.16 AC
Building Class B
Year Built 1968
Cap Rate 6.36 %
Zoning CC-3-4

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                • Approximately $41,215 per month projected combined income
                            
                                • $15,000/month NNN restaurant lease
                            
                                • 10 fully furnished luxury boutique suites
                            
                                • Ground up rebuild completed in 2025
                            
                                • Multiple financing options including SBA and potential seller financing
                            
                                • Five on site parking spaces

Financial Summary (Actual)

Net Operating Income: $285,792 USD (2025)

Cap Rate:	6.36 %
Total Expenses:	$208,789 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	10 min	-	5.2 mi
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	9 min	-	5.3 mi
Airport	Drive	Walk	Distance
San Diego International	9 min	-	4.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Eric von Bluecher 760-929-7846 Eric von Bluecher

2611 Adams Ave San Diego, CA 92116 North Park