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San Diego philanthropy buys Little Italy office building

Prebys Foundation secures seven-story Kettner & Ash as its permanent headquarters
The Prebys Foundation's new office building at Kettner Boulevard and West Ash Street comprises 123,079 square feet of space. (CoStar)
The Prebys Foundation's new office building at Kettner Boulevard and West Ash Street comprises 123,079 square feet of space. (CoStar)
By Lauren Rupe
CoStar Research
May 13, 2026 | 4:28 P.M.

A San Diego charity has bought itself a new home. The Conrad Prebys Foundation acquired a seven-story office building at 1420 Kettner Blvd. in the city's Little Italy neighborhood from Divco West for $30.5 million, or $247.81 per square foot. 

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