MBK Rental Living Completes Sale of Esperanza at Duarte Station Transit Oriented Class A Community

MBK Rental Living has completed the sale of Esperanza at Duarte Station, a 344-unit, transit-oriented Class A apartment community in Duarte, California, to an undisclosed buyer. Developed in joint venture with Haseko Corporation, the community opened in November 2022 and was positioned to meet sustained demand for amenity-rich multifamily housing in well-connected locations.

"At MBK Rental Living, we believe great communities are built around people, not just buildings. Esperanza at Duarte Station brings that belief to life through intentional design, dynamic rooftop amenities, inviting courtyards, and immersive, year-round resident programming. The result is more than a place to live—it's a lifestyle that fosters connection, energy, and a true sense of belonging," said Ken McCarren, President of MBK Rental Living. "The community's proximity to the Metro station and the world‑renowned City of Hope makes it especially attractive for those seeking connection, opportunity, and ease. We are seeing this same strong demand at Solana at Duarte Station, reinforcing the long-term appeal of this exceptional market."

Esperanza occupies a 4.3-acre site at Highland Avenue and Fasana Road. The five-story community offers 56 distinct floorplans across studio, one-, two-, and three-bedroom units ranging from 514 to 1,090 square feet. Rooftop offerings include a resort-style pool and spa, a Casita with indoor/outdoor living spaces, a landscaped deck with cabanas, outdoor televisions, grilling stations, a fire pit and lounge, plus a rooftop fitness area with free weights, cardio and HIIT zones, and outdoor yoga.

Ground-level amenities are oriented toward daily living and community engagement, featuring a co-working area, a cantina with direct access to Food Truck Alley, and Casa de Perro, which includes an interior pet wash and an exterior dog park with seating.

The property is within walking distance of the Duarte/City of Hope station on the Metro Gold Line and the City of Hope medical campus, a major local employer. Rail and freeway access facilitate connections to Los Angeles, Pasadena and other Southern California destinations.

This transaction underscores continued investor interest in well-located, amenity-focused multifamily assets that provide convenience, programming and community as core differentiators. Multifamily Leadership will continue to track how product design, location and resident services influence investor and renter preferences across key markets.