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3417 Lebon Dr San Diego, CA...

Updated Oct 29, 2024

Bilt advertisement
Pacific Urban Investors Acquires Allina La Jolla Apartment Property In San Diego For $177.3M
SOLDMultiFamily

Pacific Urban Investors Acquires Allina La Jolla Apartment Property In San Diego For $177.3M

3417 Lebon Dr San Diego, CA 92122, USA

$177,300,000

Units

400

Asset Type

MultiFamily

Closing

Jul 6, 2023

About this deal

AI

The 400-unit Allina La Jolla apartment property in San Diego has been sold for $177.3 million. The property features one- and two-bedroom units with amenities such as a swimming pool, fitness center, and picnic areas.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $177,300,000
  • Address: 3417 Lebon Drive, San Diego
  • Market: San Diego

Pacific Urban Investors, represented by Alfred Pace from Kidder Mathews, purchased the property from Premiere Residential Communities.

The multifamily sale at 3417 Lebon Dr San Diego, CA 92122, USA in Los Angeles, California sold for $177.3M in 2023. Reported inventory is 400 units across 400 units. Named participants on the 3417 Lebon Dr San Diego, CA 92122, USA sale are Alfred Pace. This page is the Los Angeles, California file for the 3417 Lebon Dr San Diego, CA 92122, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 3417 Lebon Dr San Diego, CA 92122, USA around 2023. Published consideration for 3417 Lebon Dr San Diego, CA 92122, USA is $177.3M, dated 2023. Cite this Pacific Urban Investors Acquires Allina La Jolla Apartment Property In San Diego For $177.3M sale when underwriting similar multifamily product around Los Angeles, California.

Players

Alfred Pace

Pacific Urban Investors

Buyer

$1.4B

vol

14 deals

Buyer

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $443.3K per unit across 400 units on a published $177.3M (2023).

Visit Alfred Pace to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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