NOT LISTED FOR SALE

Estimated Value: $829,000 - $2,791,000

20 Beds
16 Baths
8,692 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $2,650,000 $305 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $10,550/month

36 Days on Market

Highlights

  • New Construction
  • Dual Staircase
  • Park
  • City Lights View
  • Modern Architecture
  • Laundry Room

About This Home

As of August 2024

Ostel South Central offers simple, stylish co-living in the heart of LA. Fully furnished shared bedrooms are perfect for students, professionals, and international residents who want comfort and community.

Room Options:
2-person and 3-person shared rooms, ensuite or shared baths, walk-in closets, built-in storage, and select private balconies.

All-Inclusive:
Utilities, high-speed Wi-Fi, weekly housekeeping, modern furnishings, on-site laundry, lounges, and balconies. No credit check, no deposit, no SSN. A one-time $200 reservation fee secures your bed with flexible month-to-month leasing.

Location:
Minutes to USC, Exposition Park, Downtown LA, public transit, cafés, restaurants, and major LA neighborhoods.

Rates start at $750 per month per bed.
Availability is limited. Schedule a tour or reserve your spot today.

Move smart. Live simply. Choose Ostel.

Last Agent to Sell the Property

Joe Vivanco

Keller Williams SELA Brokerage Phone: 323-595-0622 License #01218901 Listed on: 06/13/2024

Keller Williams SELA

Last Buyer's Agent

Joe Vivanco

Keller Williams SELA Brokerage Phone: 323-595-0622 License #01218901 Listed on: 06/13/2024

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,317 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Electric Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Modern Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Flat Roof Shape
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 8,692 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat
  • Reclaimed Water Irrigation System
  • Water-Smart Landscaping

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 119
  • Assessor Parcel Number 5119022017
  • $481 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $450
  • Insurance Expense $2,600
  • Maintenance Expense $1,800
  • New Taxes Expense $33,320
  • Operating Expense $38,339
  • Gross Income $240,000
  • Net Operating Income $201,661

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

4

Listing Details

  • CapRate: 7.10
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5119022017
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 304.88

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Electric, Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central, ENERGY STAR Qualified Equipment
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks

Green Features

  • Green Water Conservation: Reclamation, Water-Smart Landscaping
  • Efficiency: Appliances, HVAC, Lighting, Thermostat, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7317.00
  • Lot Size Acres: 0.1680

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 450.00
  • Gross Income: 240000.00
  • Gross Multiplier: 11.66
  • Gross Scheduled Income: 240000.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 7317.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 201661.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 38339.00
  • Rent Control: No
  • Total Expenses: 38339.00

Tax Info

  • New Taxes Expense: 33320.00
  • Tax Census Tract: 2270.20
  • Tax Lot: 119
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 481.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 1, 2024
Sold by
Lajoma Corporation
Bought by
Linden Real Estate Management Llc
Seller's Agent
Joe Vivanco
Keller Williams SELA
Buyer's Agent
Joe Vivanco
Keller Williams SELA
List Price
$2,800,000
Sold Price
$2,650,000
Premium/Discount to List
-$150,000
-5.36%
Views
13
Current Estimated Value
$1,864,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$785,336
Avg. Annual Appreciation
-23.07%
Original Mortgage
$1,722,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2001
Sold by
Gonzalez Antonio E and Gonzalez Olivia
Bought by
Delgado Alberto and Delgado Rossana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
6.8%

Purchase Details

Closed on
Jun 15, 2001
Sold by
Gonzalez Marco Antonio
Bought by
Gonzalez Antonio E and Gonzalez Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Linden Real Estate Management Llc $2,650,000 Wfg National Title
Delgado Alberto $200,000 American Title Co
Gonzalez Antonio E -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Linden Real Estate Management Llc $1,722,500
Previous Owner Delgado Alberto $194,750
Previous Owner Gonzalez Antonio E $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2026 01/04/26 Off Market $750 -- --
09/26/2025 09/26/25 Price Changed $750 0.0% $3 / Sq Ft
09/19/2025 09/19/25 For Rent $750 0.0% --
08/29/2024 08/29/24 Sold $2,650,000 -5.4% $305 / Sq Ft
06/13/2024 06/13/24 For Sale $2,800,000 +283.6% $322 / Sq Ft
02/03/2022 02/03/22 Sold $730,000 -2.7% $410 / Sq Ft View Prior Sale
08/14/2021 08/14/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $750,000 +11.1% $421 / Sq Ft
07/18/2021 07/18/21 For Sale $675,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,593 $2,650,000 $910,000 $1,740,000
2024 $9,593 $759,492 $582,624 $176,868
2023 $9,412 $744,600 $571,200 $173,400
2022 $3,720 $278,399 $167,042 $111,357
2021 $3,669 $272,941 $163,767 $109,174
2019 $3,568 $264,847 $158,910 $105,937
2018 $3,440 $259,655 $155,795 $103,860
2016 $3,278 $249,575 $149,747 $99,828
2015 $3,234 $245,827 $147,498 $98,329
2014 $3,258 $241,012 $144,609 $96,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24120144

California Regional Multiple Listing Service (CRMLS)

APN: 5119-022-017