{"id":65910,"date":"2018-11-28T17:26:00","date_gmt":"2018-11-28T19:57:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/english-optimus-properties-llc-sells-koreatown-apartment-building\/"},"modified":"2018-11-28T18:28:07","modified_gmt":"2018-11-28T22:28:07","slug":"optimus-properties-llc-vende-edificio-de-departamentos-en-koreatown","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/optimus-properties-llc-vende-edificio-de-departamentos-en-koreatown\/","title":{"rendered":"Optimus Properties, LLC Sells Koreatown Apartment Building"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">Nov. 28, 2018<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0Continuing its torrid pace of transactions, Optimus Properties, LLC, through an affiliate, has completed yet another sale; this one of a 36-unit apartment building located in Koreatown.\u00a0 The building, located at 511 South Rampart Avenue, was originally purchased in May 2015.\u00a0 Optimus purchased the property while the property was in extremely dilapidated condition with many outstanding orders to comply from the housing department.\u00a0 Optimus spent three months and <span class=\"xn-money\">$750,000<\/span> to renovate the building and make it a livable building for its tenants.\u00a0 <\/p>\n<div id=\"prni_dvprnejpg53bfleft\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg53bfleft\" title=\"Optimus Properties, LLC Logo\" border=\"0\" alt=\"Optimus Properties, LLC Logo\" align=\"middle\" src=\"https:\/\/mma.prnewswire.com\/media\/773862\/Optimus_Properties_LLC_Logo.jpg\"\/><\/div>\n<p>After Optimus purchased the property, it immediately tented the building to address pest control issues.\u00a0 It then installed a new roof, corrected structural defects, installed new LED lighting in the hallways, improved many of the units with new kitchens, bathrooms and fixtures and upgraded the security and landscaping.\u00a0 <\/p>\n<p>The property was sold to a private investor based in Los Angeles.\u00a0 <\/p>\n<p>Optimus Properties, LLC, located in <span class=\"xn-location\">Los Angeles, California<\/span>, was founded by <span class=\"xn-person\">Kamyar Shabani<\/span> and K. <span class=\"xn-person\">Joseph Shabani<\/span> and employs a disciplined investment approach focused on value creation in office, retail, office and medical office properties throughout <span class=\"xn-location\">Los Angeles<\/span>.<\/p>\n<p>Logo &#8211; <a target=\"_blank\" href=\"https:\/\/mma.prnewswire.com\/media\/773862\/Optimus_Properties_LLC_Logo.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/773862\/Optimus_Properties_LLC_Logo.jpg<\/a> <\/p>\n<p>SOURCE  Optimus Properties, LLC<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">Nov. 28, 2018<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0Continuing its torrid pace of transactions, Optimus Properties, LLC, through an affiliate, has completed yet another sale; this one of a 36-unit apartment building located in Koreatown.\u00a0 The building, located at 511 South Rampart Avenue, was originally purchased in May 2015.\u00a0 Optimus purchased the property while the property was in extremely dilapidated condition with many outstanding orders to comply from the housing department.\u00a0 Optimus&#8230;<\/p>\n","protected":false},"author":1,"featured_media":65911,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-65910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/65910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=65910"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/65910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/65911"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=65910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=65910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=65910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}