Hubilu Venture Corp. has entered into an agreement to purchase two Los Angeles properties through its wholly owned subsidiary, Elata Investments. The properties are located at 1618 W. 38th Street and 4016 Dalton Avenue, and the purchase agreement was not disclosed.

The properties are in the heart of the city, close to local amenities. They are located less than a mile from Exposition Park, home to the LA Memorial Coliseum and Banc of California Stadium, the Natural History Museum, California Science Center, and the new George Lucas Star Wars Museum. The properties are less than 2 miles from LA Live, Staples Center and LA Convention Center and a short metro ride to DTLA, which is now USC student's new hub for entertainment, night life and shopping.

These properties fit perfectly into the Hubilu's key markets, both are in path of growth, less than a mile to USC campus and within blocks from the Western/Exposition LA Metro subway station.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.