San Diego & Coronado Property SearchHere you will have direct access to the latest San Diego Real Estate For Sale. Featuring detailed real estate information for San Diego including Coronado Cays, Coronado Shores, Coronado Village, Rancho Santa Fe, Del Mar, La Jolla, Solana Beach, and all Luxury San Diego Beach Communities. Residential Income for sale: 2611 Adams Avenue in North Park (san Diego)2611 Adams Avenue North Park (san Diego)
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.
Listed by Lee & Associates
Data was last updated October 1, 2026 at 05:10 PM (UTC)
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