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San Diego multifamily building sells in 1031 exchange

Private investor buys 18-unit Little Italy complex from Allen Properties for 7.8 million
The five-story building at 1941 Columbia St. in San Diego's Little Italy neighborhood sold at a 4.56% capitalization rate. (CoStar)
The five-story building at 1941 Columbia St. in San Diego's Little Italy neighborhood sold at a 4.56% capitalization rate. (CoStar)
By Landon Falk with
May 15, 2026 | 3:35 P.M.

Taskin Sayilir, a private investor, acquired an 18-unit multifamily building at 1941 Columbia St. in San Diego from Allen Properties for $7.8 million, or $433,333 per unit.

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