FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * PRICE SOL   2. Issuer Name and Ticker or Trading Symbol PRICE LEGACY CORP [PLRE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 7979 IVANHOE AVENUE, SUITE 520 3. Date of Earliest Transaction (Month/Day/Year) 10/08/2004 (Street) LA JOLLA, CA 92037 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock               2,045,152 I As a director of the Price Family Charitable Fund (1) Common Stock               3,166,194 (3) I As a co-manager of The Price Group LLC (2) Common Stock 10/08/2004   S   400,000 D $ 18.65 122,498 I As a director of San Diego Revitalization Corp. (1) Common Stock               4,200,000 I As trustee of the Price Family Charitable Trust UTD 3/13/84 (2) Common Stock 10/08/2004   S   20,000 D $ 18.84 192,535 (5) D (4)   Common Stock 10/11/2004   S   7,000 D $ 18.83 185,535 (6) D (4)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
PRICE SOL 7979 IVANHOE AVENUE SUITE 520 LA JOLLA, CA 92037		X

Signatures

/s/ Sol Price		10/12/2004
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The reporting person disclaims beneficial ownership of these securities.
(2)	The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest (if any) therein.
(3)	Includes securities held by TPG Sherman LLC, an entity for which The Price Group LLC serves as manager.
(4)	As trustee for the Sol & Helen Price Trust UTD 2/20/70.
(5)	This total is as of the end of the day on October 8, 2004, after giving effect to all transactions by the reporting person on October 8, 2004. It does not give effect to any transactions on or after October 9, 2004. The total number of shares of common stock of Price Legacy Corporation held directly by the reporting person through the Sol & Helen Price Trust UTD 2/20/70, after giving effect to all transactions reported in this Form 4, is 185,535.
(6)	This total is as of the end of the day on October 11, 2004, after giving effect to all transactions by the reporting person on October 8, 2004 and on October 11, 2004. It does not give effect to any transactions on or after October 12, 2004. The total number of shares of common stock of Price Legacy Corporation held directly by the reporting person through the Sol & Helen Price Trust UTD 2/20/70, after giving effect to all transactions reported in this Form 4, is 185,535.

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