LOS ANGELES - TelAve -- Los Angeles, CA — A highly recognizable retail and office property at 438–444 N. La Cienega Boulevard has traded for $5,275,000 (± $697/SF), marking a notable transaction along one of Los Angeles' most vibrant and sought-after commercial corridors. Positioned between Melrose Avenue and Beverly Boulevard, the property sits within the heart of the West Hollywood Design District—an international destination for high-end retail, showrooms, restaurants, and creative office users.

The asset, approximately 7,571 square feet of ground-floor retail and second-floor office benefits from exceptional street visibility and on-site parking, a rare amenity within the densely trafficked corridor.

Optimus Properties, LLC, served as an advisor on the acquisition, and will oversee construction management and property management as the new ownership group executes a repositioning of the site.

"438–444 N. La Cienega presents a unique opportunity to elevate a prominent asset within one of West Hollywood's most dynamic corridors," said Kamyar Shabani, Co-Founder and Principal of Optimus Properties, LLC. "We look forward to supporting ownership in unlocking the full potential of the property through thoughtful updates and long-term stewardship."

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Jake Zacuto and Leor Binshtock of Zacuto Group represented both the seller and buyer in the transaction.

"This stretch of La Cienega continues to solidify its position as one of Los Angeles' premier design-driven retail corridors, where strong fundamentals and creative tenancy intersect," said Jake Zacuto, Managing Director of Zacuto Group. "Opportunities to acquire well-located assets in this submarket remain limited, and we expect continued investor demand for properties that offer immediate presence and repositioning potential."

About Optimus Properties, LLC

Optimus Properties, LLC is a Los Angeles-based real estate investment, development, and operations firm focused on multifamily and commercial assets; maintaining an active role in acquisitions, repositioning, and management. Recognizable assets within its portfolio include a Hollywood retail property at 5214-5232 W. Sunset Blvd (https://www.bizjournals.com/losangeles/news/2024/09/13/optimus-properties-hollywood-retail-center-sunset.html), a mixed-use building at 1501 W. Sunset Blvd (https://theregistrysocal.com/optimus-properties-acquires-five-unit-mixed-use-building-in-los-angeles-for-3-5mm/), and 301-343 Glendale Blvd (https://www.bizjournals.com/losangeles/news/202...).

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About Zacuto Group

Zacuto Group is a private commercial real estate brokerage representing visionary clients across office, retail, and industrial sectors. The firm is comprised of industry leaders with multidisciplinary backgrounds in finance, technology, hospitality, and property management, enabling a strategic and informed approach to every assignment. With advisement on over $1,700,000,000 of commercial sales and leasing transactions, the firm has a reputation for quality assets and record breaking results.

Media Contact:
Michael Spiegel, Zacuto Group, email: michael@zacutogroup.com
For more information on Zacuto Group and its recent transactions, visit http://www.zacutogroup.com