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Property profile

2611 Adams Ave San Diego, CA 92116

FOR SALE
Retail space
Property ID
US09-7279937
3,360 SF 0.16 ac lot
Last sale Dec 2023 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use building located in North Park along the Adams Corridor, sitting on a 7,009-square-foot lot with five on-site parking spaces. The total building area is approximately 3,360 square feet and was fully rebuilt in 2025. The residential component consists of 10 boutique suites totaling about 2,330 square feet: six suites are approximately 285 square feet each and four suites are approximately 155 square feet each. Each suite includes a private bathroom and wet bar…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$18k
Tax billed · 2024
Assessed value$1.40M
Assessed land$1.30M
Assessed improvement$100k
Effective rate1.28%

Value estimate

· Oct 2026
$905k
$815k – $996k
AI approach$545k
CAP approach$1.25M
Submarket $/SF estimate$920k
NOI build-up
Gross scheduled income$210k
Vacancy & credit loss−$9k
Operating expenses−$60k
NOI · 3.35% cap applied$141k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$641/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$208 – $976
Qualifying comparables4

Cap rate analysis

How does the asset earn?
3.35%
$141k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
COMMERCIAL
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.2
Dry Cleaner11.7
Electrical Service11.6

Location

2611 Adams Ave San Diego, CA 92116
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3914 Adams, San Diego, CA 92116-2231 $1,200,000 Feb 2026 2,759 SF
4417 30th, San Diego, CA 92116-4232 $1,750,000 Mar 2025 2,760 SF
3391 Adams, San Diego, CA 92116-1823 $800,000 Jul 2024 3,934 SF
3201 Adams, San Diego, CA 92116-1645 $1,450,000 Jun 2024 3,498 SF
3131 Adams, San Diego, CA 92116-1638 $3,750,000 Feb 2024 3,750 SF
4179 Adams, San Diego, CA 92116-2537 $2,380,000 Jan 2024 3,388 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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