Seller's Agent in 2025
Lauren Cearley
Myunits.com Inc.
(213) 302-8662
1 in this area
17 Total Sales
242 N Dillon St Los Angeles, CA 90026
Westlake Neighborhood
21
Beds
21
Baths
9,722
Sq Ft
6,370
Sq Ft Lot
Highlights
- New Construction
- Open Floorplan
- Double Pane Windows
- City Lights View
- Modern Architecture
- Recessed Lighting
About This Home
As of December 2025242 N Dillon is a brand-new, NON-RENT-CONTROLLED 2025 five-unit luxury community located just seconds from Silver Lake, one of LA’s most sought-after rental markets. This architectural gem combines prime location, high-end finishes, and strong returns, offering investors a projected 5.68% cap rate with minimal expenses. Set on a gentrifying street with standout curb appeal, 242 N Dillon features five expansive units — including one massive 5-bedroom tri-level townhome (2,356 SF) and four oversized 4-bedroom units — all with private entrances and thoughtfully designed, renter-friendly floorplans. Each unit is separately metered for all utilities and comes with a full 1-year builder’s warranty, ensuring low maintenance and long-term stability. Luxury features include designer tile, custom cabinetry, stainless steel appliances, oversized kitchen islands, high ceilings, balconies, large closets, and stunning 360-degree rooftop decks. The building is enhanced by drought-tolerant landscaping, ample parking, and natural light throughout. With no rent control, high-income potential, and top-tier design, 242 N Dillon is a rare opportunity to own a high-performing, low-maintenance asset in one of LA’s most competitive rental corridors. Don’t miss your chance to secure a trophy property in this highly desirable rental pocket of LA.
Last Agent to Sell the Property
Myunits.com Inc. Brokerage Phone: 209-298-6020 License #02146823 Listed on: 08/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $59,925
Year Built
- Built in 2025 | New Construction
Lot Details
- 6,370 Sq Ft Lot
- No Common Walls
- Landscaped
Property Views
- City Lights
- Neighborhood
Home Design
- Quadruplex
- Modern Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 9,722 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Recessed Lighting
- Double Pane Windows
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Instant Hot Water
Bedrooms and Bathrooms
- 21 Bedrooms
- 21 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
- Parking Available
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 7
- Tax Tract Number 1167
- Assessor Parcel Number 5156009007
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 1 Leased Unit
- 5 Separate Electric Meters
- 5 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $5,833
- Maintenance Expense $1,500
- New Taxes Expense $59,925
- Operating Expense $68,458
- Gross Income $363,300
- Net Operating Income $283,943
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2025
Closed on
Nov 21, 2025
Sold by
Elite Reality Llc
Bought by
Quantum Legacy Realty Llc
Seller's Agent
Lauren Cearley
Myunits.com Inc.
Buyer's Agent
Tahha Elsherif
WERE REAL ESTATE
List Price
$4,995,000
Sold Price
$4,625,000
Premium/Discount to List
-$370,000
-7.41%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-88.74%
Purchase Details
Listed on
Mar 2, 2023
Closed on
Mar 23, 2023
Sold by
Teodora A Delespiritusanto Revocable Tru and Delespiritusanto Teodora A
Bought by
Elite Reality Llc
Seller's Agent
Barbara Allen
Coldwell Banker Realty
Buyer's Agent
Armin Soleimani
Global Platinum Properties, Inc.
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.38%
Purchase Details
Closed on
Feb 1, 2022
Sold by
Delespiritusanto Teodora A
Bought by
Teodora A Delespiritusanto Revocable Trust
Purchase Details
Closed on
Aug 29, 2015
Sold by
Delespiritusanto Teodora A
Bought by
Delespiritusanto Teodora A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 1993
Sold by
Tudtud Joe L
Bought by
Delespiritusanto Reynaldo C and Delespiritusanto Teodora A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.2%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,625,000 | Provident Title Company | |
| Grant Deed | $1,200,000 | Equity Title | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $195,000 | World Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $283,500 | New Conventional | |
| Previous Owner | $175,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/24/2025 12/24/25 | Sold | $4,625,000 | 0.0% | $476 / Sq Ft | |
| 10/06/2025 10/06/25 | Pending | -- | -- | -- | |
| 09/26/2025 09/26/25 | Off Market | $4,625,000 | -- | -- | |
| 08/06/2025 08/06/25 | For Sale | $4,995,000 | +316.3% | $514 / Sq Ft | |
| 05/03/2023 05/03/23 | Sold | $1,200,000 | -14.2% | $714 / Sq Ft | View Prior Sale |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- | |
| 03/02/2023 03/02/23 | For Sale | $1,399,000 | -- | $833 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $15,021 | $1,248,480 | $998,784 | $249,696 |
| 2024 | $15,021 | $1,224,000 | $979,200 | $244,800 |
| 2023 | $4,077 | $318,541 | $208,607 | $109,934 |
| 2022 | $3,897 | $312,296 | $204,517 | $107,779 |
| 2021 | $3,839 | $306,173 | $200,507 | $105,666 |
| 2019 | $3,728 | $297,094 | $194,561 | $102,533 |
| 2018 | $3,635 | $291,270 | $190,747 | $100,523 |
| 2016 | $3,463 | $279,961 | $183,341 | $96,620 |
| 2015 | $3,413 | $275,757 | $180,588 | $95,169 |
| 2014 | $3,433 | $270,356 | $177,051 | $93,305 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Cearley
-
Cheyenne Womack
Seller Co-Listing Agent in 2025
Cheyenne Womack
Myunits.com Inc.
(818) 859-7242
1 in this area
19 Total Sales
-
Tahha Elsherif
Buyer's Agent in 2025
Tahha Elsherif
WERE REAL ESTATE
(626) 274-3156
1 in this area
32 Total Sales
-
Barbara Allen
Seller's Agent in 2023
Barbara Allen
Coldwell Banker Realty
(323) 610-1781
2 in this area
15 Total Sales
-
Armin Soleimani
Buyer's Agent in 2023
Armin Soleimani
Global Platinum Properties, Inc.
(310) 666-2246
3 in this area
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25177609
APN: 5156-009-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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