Updated Oct 29, 2024
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.
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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