Optimus Properties LLC Acquires 3 Los Angeles Properties For $12.5M

The three properties located at 1630-36 N Fuller Ave & 1641 N. Poinsettia Pl. in Los Angeles, CA 90046 have been sold in a recent transaction. The sale took place on June 29, 2018, with Optimus Properties LLC purchasing the properties from Fair Properties LLC for a total price of $12,500,000. The transaction involved a total of 51 units, with each unit costing approximately $245.09. The total square footage of the properties is 40,136, resulting in a price per square foot of $311.44.

Summary of transaction details

• Property Type: Sale
• Transaction Amount: $12,500,000
• Units: 51
• Price per Unit: $245.09
• Square Footage: 40,136
• Price per Square Foot: $311.44

The sale of these properties was facilitated by brokers Sam Liberow and Matt Ziegler, representing Optimus Properties LLC in the transaction.