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  • MLS#: 250025796SD ( )
  • Street Address: 2889 Adams Ave
  • Viewed: 1
  • Price: $1,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 63
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92116
  • Subdivision: North Park
  • Provided by: Marcus & Millichap
  • Contact: Austin Austin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 Diegos most vibrant and eclectic urban neighborhoods. With a Walk Score in the mid 90s, residents will enjoy immediate access to Adams Avenues popular cafs, 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.
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Features
Association Fee
  1. 0.00
Country
  1. US
Days On Market
  1. 32
Fencing
  1. None
Parcel Number
  1. 4460232900
Subdivision Name Other
  1. North Park
Topography
  1. Level
View
  1. None
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250025796