PALO ALTO, CA - 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 (UTC) submarket of San Diego, CA. 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. La Jolla / UTC is known as a regional employment driver in multiple science and technology.
PALO ALTO, CA - 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 (UTC) submarket of San Diego, CA, on April 27, 2023. The property was renamed Allina La Jolla (the “Property”) and marks Pacific’s 21st acquisition in the San Diego Market.
Allina La Jolla is a 100% market rate property built in 1986. La Jolla / UTC is known as a regional.
Built in 1986, the property will undergo an improvement plan that includes unit upgrades. Pacific Urban Investors has expanded its multifamily presence in the San Diego market with the acquisition of a 400-unit community.