Optimus Properties, LLC Completes Purchase of Multi-Family Portfolio in East Hollywood, West Hollywood
LOS ANGELES, July 27, 2021 /PRNewswire/ --Optimus Properties, LLC has completed the purchase of three apartment buildings located on Norton Avenue, Virginia Avenue and Beachwood Street this week.
- LOS ANGELES, July 27, 2021 /PRNewswire/ --Optimus Properties, LLC has completed the purchase of three apartment buildings located on Norton Avenue, Virginia Avenue and Beachwood Street this week.
- "These assets continue Optimus' approach in acquiring properties with established value but also tremendous growth potential; values in West Hollywood and East Hollywood are historically strong but trending stronger still" said Kamyar Shabani, Principal at Optimus Properties, LLC.
- Optimus' investment plan calls for the renovation of currently vacant units with a combination of new appliances, flooring, and bathrooms.
- We are convinced this area will continue to flourish," stated K. Joseph Shabani, Principal at Optimus Properties, LLC.