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Adams@Idaho

3 Properties Offered at $8,995,000 in San Diego, CA

Executive Summary

Adams@Idaho is a rare and desirable redevelopment site on a large, flat, corner infill lot with preliminary plans for 133 Apartment Units located in North Park, San Diego, CA.
Rare opportunity to acquire desirable land parcel with Entitlement in vibrant North Park with 360 degree views of all of San Diego
This site features high visibility with unobstructed views of beautiful San Diego, Downtown, and Mission Valley. This is a prime area for multifamily sites in Southern California, with new establishments rising in adjacent areas. Located near San Diego Airport, the 8, 5, & 805 Freeways, San Diego State University, University of San Diego, and North Park San Diego's wide array of dining, shops and entertainment with a rated Walkers Paradise score of 93.
The scarcity of land this size for sale in San Diego’s uptown neighborhoods adds to the uniqueness of being able to acquire and build a very sizeable project
The ability to start planning a development now with preliminary review of a 133 unit mixed use project completed. The site contains a hard corner, alley access, and 140 feet of street frontage on Adams Avenue.
The apartment rents in this market have consistently outperformed.
The site provides walkability to green outdoor parks, restaurants, bars, and cafes.
The proximity to downtown San Diego employment, the airport, and three major freeways create convenience in and out with a variety of routes to and from work and services.

Property Facts

Price $8,995,000
Price / SF $1,272 / SF
Cap Rate 1.62%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 7,072 SF
Total Land Area 1.00 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Villa Monterrey
4677-4685 Idaho St, San Diego, CA 92116
Multifamily 4,594 SF 1990 -
2821 Adams Ave, San Diego, CA 92116 Retail 2,478 SF - -
Adams@Idaho | 133 Unit Development | 140x125
4677 Idaho St, San Diego, CA 92116
Land 0.40 AC - -
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  • Listing ID: 34217637

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: Adams@Idaho, San Diego, CA

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