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San Diego
Sunday, May 19, 2024
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La Jolla Building Sold For $2.7M

A mixed-use project in La Jolla has been sold for $2.7 million.

The 3,076 square-foot building at 2218-2220 Avenida De La Playa was acquired by 2220 Avenida Play LLC from Jim Petropoulos.

The building includes ground floor retail space occupied by Pacific Sotheby’s and a three-bedroom apartment on the second floor that is leased as a vacation rental.

Nick Totah and Seth Cohen of Marcus & Millichap’s San Diego office represented the seller.

Totah, a first vice president of investments, represented the buyer.

Designed by local architect Dale Nagel, the building is three blocks from La Jolla Shores Beach.

Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.

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