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Optimus Properties Sells Apartment Building in Koreatown/Silver Lake

LOS ANGELESOct. 26, 2018 /PRNewswire/ — Optimus Properties, LLC has completed the $2.490 million sale of a 12 unit building located at 144 S. Bonnie Brae Street in the Los Angeles neighborhood of Koreatown.

“144 S. Bonnie Brae is a wonderful asset that we brought back to life after having fallen into disarray,” said Kamyar Shabani, a Principal of Optimus Properties, LLC.

The buyer and seller were represented by Neema Ahadian, Senior Vice President of Investments of the Neema Group of Marcus & Millichap. The closing cap rate was a 4.63 percent and the price-per-square-foot was $330.

For the whole press release, click here.