LOS ANGELES, April 10, 2019 /PRNewswire/ -- An affiliate of Optimus Properties, LLC has sold an approximately 2,200 square foot 3-unit retail building located at 8036-8038 W. 3rd St., just west of the Grove and Farmers Market, between Crescent Heights Blvd. and Edinburgh Ave. "While we loved this asset, the location and the tenants, we felt it was the right move to sell this asset at a considerable price per foot," said K. Joseph Shabani, a principal of Optimus Properties, LLC. The owners purchased the property, renovated it thoroughly and replaced two of the three existing tenants. The building is occupied by The Osso Good Company, a maker of bone broth and paleo soups, I Love Nails, a nail salon, and Shampoo, a hair salon that has been in the area for years.
The building was built in 1946 and has approximately twelve parking spaces.
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 office, retail and medical office properties throughout Los Angeles.
SOURCE Optimus Properties, LLC