A Little Italy apartment complex has been sold for nearly $21.3 million.
The 40-unit Villa Cusma at 1907 Columbia St., was sold by 1907 Columbia St., LLC to Luxo II Apartment Homes, LP.
Raymond Choi, first vice president of investments in Marcus & Millichap’s San Diego office, represented the buyer and the seller.
Built in 2012, the 40,974 square structure includes a gated subterranean garage and 2,475 square-feet of retail space leased to Harumama, a sushi and ramen restaurant.
Apartments average 836 square feet in size, according to CoStar, a commercial real estate listing service. They include 24 one-bedroom, one-bathroom apartments, one two-bedroom, one bathroom apartment, and 15 two-bedroom, two-bathroom apartments.
Some apartments have floor-to-ceiling windows and views of downtown and the San Diego Bay.