Now Priced! Certificate of Occupancy Issued. Now Scheduling Showings! We are proud to exclusively present for sale an Affordable Residential Building newly constructed in Los Angeles! The property will be delivered vacant. This 31 Unit 100% Affordable Brand New Residential Building sits just south of Downtown Los Angeles. The ground-up new construction consists of mostly 1+1s (22 of them) and 9 Studios. The building includes a Building Code Floor Area of 16,004 SF per Zoning Code and 10,952 SF of Rentable Square Footage! The building opens through a secured entrance to a spacious Recreation / Community Room, then opens up to a comfortable Manager's Office and a Manager's Bathroom. The same level leads to the ground-floor apartments with 14 foot ceilings, the Laundry Room, and through the side of the building, access the Long-Term Bicycle Storage that can accommodate 30 bicycles. Take the stairs or the elevator up to the next three floors of housing, and continue to the Rooftop which includes three separate Open Space Areas with unobstructed views of the City, including the skyscrapers in DTLA. All units feature a Mini-Split A/C System, brand new appliances and all electric setups (with only the Central Boiler and Dryers in Laundry room being gas). The mostly Stacked- Design should allow for future ease of maintenance. The property has a Security Camera System for ease of mind. The Building is sub-metered for water. The property is bordered by a new block wall. There is the possibility of converting some common space to one or two ADUs. The property is in an Opportunity Zone! The building includes no car parking, but is located well under a mile to the Metro (A) Blue Line Station, which will take your future tenants to connections with the other Metro Light Rail Lines, Long Beach and direct to Union Station! There is a space in the back of the building, off the alley, that may potentially work for parking one car. This pedestrian friendly neighborhood gets a respectable "Very Walkable" score from Walk Score, along with a Biker's Paradise designation! The property is located near significant Job-Centers, including USC and DTLA. Strong demand from Section 8 Tenants can increase the potential income, and will help to speed up the rent-up period.
Property Details
Property Features
Property Information:
Year Built: 2024
Stories: 4
Living Area: 16,004 SqFt
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Dario Svidler
Interior Features
Interior Information:
Appliances: Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 22
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Other
Directions Information:
Directions: South of Downtown LA. East of the 110.
Price Information
Listing Price Info
Price Summary:
List Price: $9,300,000
Price Per SqFt: $581/SqFt
Tax Information:
Annual Amount: $4,863
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $8.2M more than the Median Sold Price and $60/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24456331
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Dario Svidler
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/24/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 02, 2019
Oct 02, 2019Home Sold
$380,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,863
$383,936
2020
$2,528
$380,000
2019
$2,421
$192,727
2018
$2,368
$188,949
2017
$2,368
$185,245
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
28th Street School
2807 Stanford Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-5
5
/10
20th Street Elementary School
1353 E 20th St
Distance between this listing and this school0.39 miles
Public District Grades KG-5
3
/10
Quincy Jones Elementary
900 E 33rd St
Distance between this listing and this school0.48 miles
Public District Grades KG-5
Nearby Schools
6
/10
Synergy Kinetic Academy
1420 E Adams Blvd
Distance between this listing and this school0.49 miles
Public Charter Grades 6-8
4
/10
Dr. Julian Nava Learning Academy - School of Business & Tech
1420 E Adams Blvd
Distance between this listing and this school0.49 miles
Public District Grades 6-8
5
/10
Animo Jefferson Charter Middle School
1655 E 27th St
Distance between this listing and this school0.82 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Thomas Jefferson High School
1319 E 41st St
Distance between this listing and this school0.72 miles
Public District Grades 9-12
5
/10
Nava College Preparatory Academy
1319 E 41st St
Distance between this listing and this school0.72 miles
Public District Grades 9-12
5
/10
Santee Education Complex
1921 Maple Ave
Distance between this listing and this school0.77 miles
The neighbors living near this home have an average income of $21,829. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1010 E 25th St
What is the listing price of this property?
The listing price of 1010 E 25th St property is $9,300,000.
What type of property is this?
The property 1010 E 25th St is a house located in Los Angeles, California, 90011.
Is this property for sale now?
Active Listing: 1010 E 25th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,863 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 2, 2019 for $380,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1010 E 25th St has 22 bedrooms and 31 bathrooms.
What is the square footage of this property?
The property 1010 E 25th St is 16,004 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1010 E 25th St is 2024.
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This home is located at 1010 E 25th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 16,004 square foot home, which was built in 2024, sits on a 0.14 acre lot. Features: 22 bedrooms, 31 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $9,300,000.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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