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Historic Pt Loma/Midway District Property Acquired for $3.925 Million; Plans for Modern Hawley Lofts


PROPERTY ADDRESS:

2844-2918 Lytton Street, San Diego, CA 92110


REPRESENTATION:

Seller Representation: Ken Robak of Pacific Coast Commercial

Buyer Representation: Self-Represented


SALE DETAILS:

Property Type: Portfolio – 5 Automotive Commercial Buildings

Square Footage: Building - 7,700 sq. ft.; Parcel – 37,135 sq. ft.

Sale Price: $3,925,000

Close of Escrow Date:

Seller Name: Donald L Hawley Trust

Buyer Name: Mana Investments

Escrow Company: Old Republic Title Los Angeles


Historic Pt Loma/Midway District Property Acquired for $3.925 Million; Plans for Modern Hawley Lofts Unveiled


San Diego, CA - The iconic commercial property at 2844-2918 Lytton St., San Diego, California, has been acquired by Mana Investments for $3,925,000. Spanning five parcels and 37,135 sq. ft., the property includes five automotive commercial buildings that cover approximately 7,700 sq. ft.


Since 1965, the location has been home to Hawley Auto Body and Repair, a local institution. Following the completion of the sale, the business relocated in the Midway District. The property currently houses an auto body repair shop and a self-serve car wash.


Mana Investments, spearheaded by Orville Power, plans to transform the site into the 74-unit Hawley Lofts. This innovative residential project will preserve the rich history of one of San Diego's longest-standing auto body and repair businesses while offering modern amenities and accommodations to its residents.


Ken Robak of Pacific Coast Commercial, who represented the seller, the Donald L Hawley Trust, expressed enthusiasm for the project: "The sale of this property represents a fantastic opportunity for both the San Diego community and the new owners. We eagerly anticipate Mana Investments' vision for this historic property."


Zoned as C-1-6 by the City of San Diego, the property presents an array of commercial and retail possibilities. Situated within the Midway Pacific Highway Community Plan, it occupies a strategic location in a transit priority area.


The buyer was self-represented in the transaction, and Old Republic Title Los Angeles office coordinated the escrow process.


Robak added, "This sale signifies an exciting development opportunity for Mana Investments and a significant step forward for the San Diego community. The forthcoming Hawley Lofts project will offer exceptional living accommodations while honoring the legacy of one of the city's most enduring auto body and repair businesses."


For further information about the property sale, please contact Ken Robak at Pacific Coast Commercial.


Contact Information:

Ken Robak (619) 469-3600


About Pacific Coast Commercial

Pacific Coast Commercial is a full-service commercial real estate brokerage firm based in San Diego, CA. They specialize in the sale and leasing of commercial properties in Southern California and have a proven track record of success in the industry. The company is dedicated to delivering results that exceed the expectations of its clients and is committed to building long-term relationships with the local business community.




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