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1025 Associates LLC And Wedge 3.0 LLC Acquire Mixed-Use Asset In La Jolla For $10.3M

Property Image
SOLD
$10,300,000
Ross Sanchez
Nicholas (Nick) Totah

California

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Mixed-use33,055 SF
Sold
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Property Image
SOLD

1025 Associates LLC And Wedge 3.0 LLC Acquire Mixed-Use Asset In La Jolla For $10.3M

1025 Prospect Street

See Similar Deals
Mixed-use33,055 SF
Sold
Ross Sanchez
Nicholas (Nick) Totah
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$311
Total Square Footage:33055 SF
Transaction Type:Sale

The mixed-use asset located at 1025 Prospect Street, La Jolla, recently sold for $10,300,000. The property encompasses 33,055 square feet and includes retail, restaurant, and office space. Renovations were completed in 2022 and 2024, enhancing its appeal and functionality.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $10,300,000
  • Address: 1025 Prospect Street
  • Market: La Jolla
  • Square Footage: 33,055
  • Price Per Square Foot: $312
  • Buyer: 1025 Associates LLC & Wedge 3.0 LLC
  • Seller: 1025 Prospect LLC
  • Brokers: Nick Totah & Ross Sanchez - Marcus & Millichap

Nick Totah and Ross Sanchez of Marcus & Millichap represented the sellers, 1025 Prospect LLC, in this transaction, highlighting their involvement in facilitating the sale of the property to the buyers, 1025 Associates LLC & Wedge 3.0 LLC.

Players

Nicholas (Nick) Totah
Marcus & Millichap
Nicholas Totah
20 deals$137.6M volume(858) 373-3159
BROKER
Ross Sanchez
Marcus & Millichap
Ross Sanchez
17 deals$123.6M volume
BROKER

Details

SOLD
IMAGE: Nick Totah & Ross Sanchez DATE: 02/27/2026 ADDRESS: 1025 Prospect Street MARKET: La Jolla ASSET TYPE: Mixed-use BUYER: 1025 Associates LLC & Wedge 3.0 LLC SELLER: 1025 Prospect LLC BROKERS: Nick Totah (@Nick.Totah) & Ross Sanchez (@TheRozay) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $10,300,000 SF: 33,055 ~ PPSF: $312 NOTE: Marcus & Millichap brokered the $10.3 million sale of Prospect Square at La Jolla Village in San Diego, where 1025 Prospect LLC sold the mixed-use asset to 1025 Associates LLC & Wedge 3.0 LLC. The 33,055-square-foot property, represented by brokers Nick Totah and Ross Sanchez, includes retail, restaurant, and office space and was renovated in 2022 and 2024.

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