2911 Adams Ave (Impact Housing)_Pand te koop
2911 Adams Ave (Impact Housing)_Pand te koop

2911 Adams Ave (Impact Housing)

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

Beschrijving

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.

...

Kenmerken

Aantal eenheden
72
Bouwjaar
2024

Media

Investeringskenmerken

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_Pand te koop
2911 Adams Ave (Impact Housing) 4_Pand te koop

Contact adviseurs

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Laatst bijgewerkt
29 mei 2025