$4,450,000
SOLD OCT 31, 2025
25 Beds
25 Baths
9,700 Sq Ft
6,192 Sq Ft Lot

Recently Sold

$459 Per Sq Ft

7% Below List Price

67 Days on Market

Highlights

  • New Construction
  • Laundry Room
  • 4-minute walk to Denker Recreation Center
  • Corner Lot

About This Home

As of October 2025

Excellent Master Lease opportunity for Investors! This is a brand new Co-Living building constructed in 2024, with 28 bedrooms all with Private En-suite Bathrooms spread across 3 large modern units. Each bedroom can be rented for $1,350 a month. The front unit is 3 stories with 15 bedrooms & 15 ensuite bathrooms, washer/dryer on each floor, and the common kitchen is located on the second floor. The second unit is 2 stories with 10 bedrooms with 10 ensuite bathrooms with one shared kitchen. The third unit can be rented out completely by one family since it is single-story and offers 3 bedrooms with 3 ensuite bathrooms plus an additional ADA compliant bathroom. The bedrooms provide tenants with utmost privacy and comfort with their own Private En-Suite bathrooms, central air conditioning, washer dryer laundry on each floor, full closets, shared kitchens and living rooms! This co-living environment is perfect for young professionals, students, and anyone looking for an affordable living situation in an upscale brand new building. This is one of the newest buildings completed in 2024 located walking distance to USC (only 4 blocks) and near BMO Stadium, The Coliseum, California Science Center, Exposition Park, Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing. This is a great property for all types of tenants. Tenants will enjoy all the benefits of modern living in a prime area of Los Angeles walking distance to USC near the 10 & 110 Fwy. Open to all Master Lease options looking to rent all 28 bedrooms with a reputable housing company. Currently a Master Lease with the City of Los Angeles Program. All units are currently rented out, no vacant units.

Last Agent to Sell the Property

Christian Ramos

Century 21 Realty Masters Brokerage Phone: 562-650-5030 License #01989740 Listed on: 07/18/2025

Century 21 Realty Masters

Last Buyer's Agent

Tahha Elsherif

WERE REAL ESTATE License #02046461

WERE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,192 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 9,700 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 25 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 22
  • Assessor Parcel Number 5041020022

Community Details

Overview

  • 3 Units

Building Details

  • 28 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $7,333
  • Fuel Expense $1,630
  • Gardener Expense $1,200
  • Insurance Expense $3,693
  • Operating Expense $43,625
  • Gross Income $448,500
  • Net Operating Income $404,875

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

1

Listing Details

  • CapRate: 8.40
  • Property Attached: No
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5041020022
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 458.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6192.00
  • Lot Size Acres: 0.1421
  • Latitude Manual: 34.02175600

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 7333.00
  • Fuel Expense: 1630.00
  • Gross Income: 448500.00
  • Gross Scheduled Income: 448500.00
  • Insurance Expense: 3693.00
  • Lot Size Area: 6192.0000 Square Feet
  • Net Operating Income: 404875.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 28
  • Number Of Units Total: 3
  • Operating Expense: 43625.00
  • Rent Control: Yes
  • Total Actual Rent: 448500.00
  • Total Expenses: 43625.00

Tax Info

  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Oct 29, 2025
Sold by
Divine Investment Group Inc
Bought by
Quantum Legacy Realty Llc
Seller's Agent
Christian Ramos
Century 21 Realty Masters
Buyer's Agent
Tahha Elsherif
WERE REAL ESTATE
List Price
$4,799,998
Sold Price
$4,450,000
Premium/Discount to List
-$349,998
-7.29%
Views
44
Current Estimated Value
$4,018,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$431,794
Avg. Annual Appreciation
-34.64%

Purchase Details

Closed on
Oct 5, 2022
Sold by
Halldale One Llc
Bought by
Divine Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$878,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2013
Sold by
Hooks Delmo C and Hooks Alice P
Bought by
Hooks Emery and Hooks Carol
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $4,450,000 Provident Title
Grant Deed $1,255,000 Wfg National Title
Grant Deed $1,255,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $878,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $4,450,000 0.0% $459 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
09/23/2025 09/23/25 Off Market $4,450,000 -- --
07/18/2025 07/18/25 For Sale $4,799,998 +282.5% $495 / Sq Ft
02/08/2023 02/08/23 Sold $1,255,000 0.0% $610 / Sq Ft View Prior Sale
01/26/2023 01/26/23 For Sale $1,255,000 -- $610 / 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 $15,792 $3,024,900 $1,040,400 $1,984,500
2024 $15,792 $1,280,100 $1,020,000 $260,100
2023 $9,370 $744,600 $510,000 $234,600
2022 $8,946 $730,000 $500,000 $230,000
2021 $1,147 $68,996 $31,358 $37,638
2020 $1,152 $68,290 $31,037 $37,253
2019 $1,120 $66,952 $30,429 $36,523
2018 $975 $65,640 $29,833 $35,807
2016 $911 $63,093 $28,676 $34,417
2015 $900 $62,147 $28,246 $33,901
2014 $918 $60,930 $27,693 $33,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25162242

California Regional Multiple Listing Service (CRMLS)

APN: 5041-020-022