Plata Investments LP And 250 Kenmore Apts LLC Acquire Los Angeles Multifamily Assets For $13M

This transaction involves the sale of two multifamily assets in Los Angeles, specifically located at 301–307 North Rampart Boulevard and 250 South Kenmore Avenue. The assets include a 46-unit mixed-use property and a 40-unit building, sold for a total price of $13,000,000, with a per-unit pricing of $151,163.

Summary of transaction details:

• Property Type: Mixed-use & Multifamily
• Transaction Amount: $13,000,000
• Units: 86
• Buyer: Plata Investments LP & 250 Kenmore Apts LLC
• Seller: Kamyar Shabani - Optimus Properties

In this transaction, Kamyar Shabani represented Optimus Properties, who engaged in a strategic portfolio repositioning in Los Angeles as part of its planned retail expansion on the West Coast slated for 2026. The buyers, Plata Investments LP and 250 Kenmore Apts LLC, acquired the properties as part of their investment strategy within the Los Angeles market.