2889-91 Adams Ave 2889-91, San Diego, CA 92116 - Berkshire Hathaway HomeServices California Properties

2889-91 Adams Ave 2889-91, San Diego, CA 92116

$1,600,000 Approx. USD 0 beds, 0 baths

Listing Agent


Austin Huffman
Lic#: 01981817
Broker: Courtesy of Marcus & Millichap

Agent Remarks

We are pleased to present The Monk Apartments, a fully entitled 21-unit RTI development opportunity located at 2889-91 Adams Avenue, San Diego, CA. The Monk Apartments is comprised of plans for fourteen (14) one-bedroom units, five (5) studios, and two (2) loft-style units. Once constructed, the four-story project will span approximately 13,200 square feet of gross area (including exterior circulation), with 9,000 square feet of interior R-2 floor space. The building will be constructed as a Type VA, all-electric property, prioritizing walkability and urban sustainability. The project includes a large 22-capacity bike storage room and features100% exterior corridors and stairs, eliminating the need for interior hallways or podium parking. Located on the prominent corner of Adams Avenue and Kansas Street, The Monk Apartments is situated in the heart of North Park, one of San Diego’s most vibrant and eclectic urban neighborhoods. With a Walk Score in the mid-90s, residents will enjoy immediate access to Adams Avenue’s popular cafés, restaurants, and retail, as well as seamless connectivity to major freeways including I-805, I-15, and I-8. The area is known for its dense mix of local culture, thriving arts scene, and strong rental demand among young professionals and creatives that comprise San Diego's ever-growing economy. This project offers a rare opportunity to deliver a boutique, architecturally distinctive multifamily asset in a high-barrier-to-entry submarket.

Listing Details

Property type: Lot/Land (Lots/Land)
Status: ACTIVE
MLS# 250025796
List price is $1,600,000 Reduced by $100,000 on 5/30/2025
Price: $1,600,000
Beds: 0
Baths: 0
Lot size: 1-3,999 SF
Topography: Level
County: San Diego
Amenities: N/K
MLS area: NORMAL HEIGHTS (92116)

Last Updated: 5/30/2025

 Days On Market (DOM): 44

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This listing belongs to the NORMAL HEIGHTS (92116) MLS area

Lat/Long: 32.762745, -117.131630.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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