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Building in Pacific Beach on Mission Bay sold

The approximately 5,222-square-foot building in Pacific Beach at 4620 Mission Bay Drive, San Diego 92109, has been sold for $1.35 million.

The buyers were Joshua Cohen and Lyda Cohen, as trustees of the Cohen Family Trust, 8508 Ruette Monte Carlo, La Jolla 92037.

The acquisition was financed with a loan of $700,000 from North Island Financial Credit Union.

The seller of the property (assessor's parcel 417-301-19) was 4620 Mission Bay Drive LLC, a California limited liability company. The manager of 4620 Mission Bay is Paulette L. Garrett, successor trustee of the Darrell G. Scott and Viola R. Scott Family Trust.

The one-story building is zoned for automotive use and was constructed in 1945 on an 18,922-square-foot lot.

The property was sold in May 1991 for $720,000, with financing of $663,300 from Bank of Commerce.

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