
Pacific Urban Makes 21st San Diego Multifamily Buy
Multifamily owner-operator and investment manager Pacific Urban Investors acquired La Jolla International Gardens, a 400-unit apartment community in the La Jolla / University Town Center submarket of San Diego, for an undisclosed sum. The property was renamed Allina La Jolla and marks Pacific’s 21st acquisition in the San Diego market.
Allina La Jolla is a 100% market-rate property built in 1986. It offers semi-urban, walkable living 10 minutes from the ocean, a job-dense micro-location with abundant neighboring retail and numerous amenities.
Pacific Urban Investors plans to invest in modernizing the community’s amenities, including expanded communal areas for residents to connect and engage, and upgrading resident unit interiors.
- ◦Sale/Acquisition