2911 Adams Ave (Impact Housing)_Property for Sale
2911 Adams Ave (Impact Housing)_Property for Sale

2911 Adams Ave (Impact Housing)

2911 Adams Avenue, San Diego, CA, 92116, US

Asset Description

JLL, as Exclusive Advisor, is pleased to present for sale, 2911

Adams Ave (the “Property”), a 72 unit, newly constructed,

multi-housing opportunity located in the coveted North Park

neighborhood. Located on Adams Ave and Kansas Street, 2911

Adams provides residents a unique walkable living experience

along with seamless connectivity to Downtown and other

major employment centers.


2911 Adams’ prime location in North Park offers unparalleled

access to a vibrant, sought-after submarket that has seen

limited investment opportunities in recent years. Notably, North

Park has not experienced a trade of over 50 units in the past 5

years, underscoring the scarcity of institutional-quality sales

in this high-demand submarket. Furthermore, the submarket

has recorded zero market rate construction starts year-to-date,

highlighting the significant barriers to entry and the property’s

competitive advantage as a newly delivered asset.


With an average unit size of ±485 SF, the property’s efficient unit

sizes and competitive pricing structure appeal to both residents

seeking value and investors eyeing potential for appreciation

in this dynamic urban market.

...

Attributes

Number of units
72
Year built
2024

Media

Investment Highlights

Differentiated Class A Product with Attainable Rents

Impressive Six Month Lease Up

Vibrant and Renter Friendly North Park Neighborhood

Transit-Oriented Development with Proximity to Employment 

Impending Supply Cliff and Significant Homeownership Cost Premium Drive Multi-Housing Demand

2911 Adams Ave (Impact Housing) 4_Property for Sale
2911 Adams Ave (Impact Housing) 4_Property for Sale

Contact brokers

2911 Adams Ave (Impact Housing) (0 Properties)

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Last updated
14 May 2025