LOS ANGELES, Oct. 25, 2018 /PRNewswire/ -- Optimus Properties, LLC has completed the acquisition of a three building, 51 unit apartment complex located at 1630-1636 N. Fuller Ave. and 1641 N. Poinsettia Pl.
"We are excited to own assets in prime Hollywood. These buildings are walking distance to iconic Hollywood landmarks including the Hollywood and Highland Shopping Center, the Magic Castle and Runyon Canyon Park," said Kamyar Shabani, a principal of Optimus Properties, LLC.
The buildings were built in 1956, 1962 and 1963 and consist of a mix of studio and one and two bedrooms with approximately 47 parking spaces. 1630 and 1636 N. Fuller Avenue are adjacent to each other, and 1641 Poinsettia is behind the 1636 N. Fuller building.
"In addition to the extremely desirable location, we were attracted to these assets because of the large unit sizes and ample parking," said K. Joseph Shabani, a principal of Optimus Properties, LLC.
Optimus Properties, LLC, located in Los Angeles, California, was founded by Kamyar Shabani and K. Joseph Shabani and employs a disciplined investment approach focused on value creation in multifamily properties throughout Los Angeles.
SOURCE Optimus Properties, LLC