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

1630-36 North Fuller Avenue & 1641 North Poinsettia Place
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This MultiFamily property located in CA was sold for $12,500,000 over 5 years ago. The brokers of the deal were Sam Liberow and Matt Ziegler

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.

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Deals
  • Location
    1630 North Fuller Avenue1630 North Fuller Avenue
  • Sale Price
    $12,500,000$12,500,000
    $311 PPSF$311 PPSF
  • Area
    40,136 SF40,136 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Matt Ziegler

Matt Ziegler

Deals13
Sold$102.4M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Sam Liberow and Matt Ziegler DATE: June 29, 2018 ADDRESS: 1630-36 N Fuller. Ave & 1641 N. Poinsettia Pl. Los Angeles, CA 90046 (3 properties) BUYER: Optimus Properties LLC SELLER: Fair Properties LLC BROKERS: Sam Liberow & Matt Ziegler PRICE: $12,500,000 UNITS: 51 PPU: $245.09 SF: 40,136 ~ PPSF: $311.44

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1630-36 North Fuller Avenue & 1641 North Poinsettia Place

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