Home | San Diego County | San Diego | 92116 | 3131-57 Adams Ave
MLS: SD260021332 | Status: | Price: $4,900,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | – | – |
Pleased to present the 3131-49 & 3151-57 Adams Avenue Portfolio, a 17-unit multifamily and mixed-use portfolio located in San Diego, California. Situated along iconic Adams Avenue in the highly desirable Normal Heights neighborhood, the offering consists of the adjacent 10-unit apartment complex at 3151-57 Adams Avenue and seven-unit mixed-use property at 3131-49 Adams Avenue. Originally built in 1939 and 1965, respectively, both assets were thoughtfully renovated in 2025 and combine for approximately 7,520 rentable square feet across 15,246 square feet of land. Additionally, the portfolio offers significant long-term redevelopment potential, as both properties are located within Complete Communities Tier 3, allowing up to 6.5 FAR, and are zoned CUPD-CU-3-3. The residential component consists of 13 units, including two detached one-bedroom/one-bath cottages, two studios, and nine one-bedroom/one-bath apartments, complemented by four high visibility retail spaces at 3131-49 Adams Avenue. Current retail tenants include a massage studio, pet grooming salon, and bookstore occupying two combined commercial spaces. The residential units were recently remodeled with upgraded interiors including quartz countertops, updated cabinetry, new appliances, and renovated bathrooms, with select
| Field | Value |
|---|---|
| MLS # | SD260021332 |
| MLS Source | San Diego MLS |
| Days on Site | 3 |
Ben Sierpina
Marcus & Millichap
License #: 02062416
Phone: (858) 775-9825
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 6 | – | 17 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 4162 Arizona Street | $4,150,000 | – | – | – | |
| 3939 7th Avenue | $4,799,000 | – | – | – | |
| 5074 Madison Ave | $3,925,000 | – | – | – | |
| 4744 Hawley Blvd | $4,100,000 | – | – | – |
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This listing information is up-to-date as of September 01, 2026. For the most current information, please contact Ben Sierpina, (858) 775-9825.