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2/26/26
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Esperanza at Duarte Station, a 344-unit new transit-oriented Class A apartment community in the San Gabriel Valley city Duarte, was acquired by an undisclosed buyer. Developed as a joint venture of MBK Rental Living and Haseko Corporation, Esperanza reflects the persistent demand for high quality, amenity rich communities that align with what today’s residents value most in their living experience.
Opened in November 2022, Esperanza at Duarte Station is a five-story community with a total of 344 studio, one-, two-, and three-bedroom apartments ranging from 514 sf to 1.1k sf with 56 different floorplans. It is located on a 4.3-acre property at the intersection of Highland Avenue and Fasana Road.
Esperanza is highlighted with rooftop amenities offering dramatic views of the San Gabriel mountains, including a resort-style pool and spa; an indoor/outdoor Casita with a living room lounge, fireplace, open dining room, and entertainers-style kitchen; a landscaped roof deck with poolside cabanas, outdoor TVs with entertainers’ bar, grilling stations, fire pit and lounge area; and a rooftop gym with free weights, cardio and HIIT zones, and outdoor yoga. The community’s first-level amenities include a co-working area with open seating, a cantina with lounge and counter seating with direct access to Food Truck Alley, and the popular “Casa de Perro” with an interior pet wash and dry station as well as an exterior dog park with seating.
Esperanza is within walking distance of the Duarte/City of Hope Metro Gold Line commuter train station, and the world-renowned City of Hope, a 120-acre comprehensive cancer treatment center and major area employer. The train and freeway access eases transit to nearby Los Angeles, Pasadena and other Southern California business and entertainment destinations.
Ryan Fitzpatrick, Chelsea Jervis and CJ Angle from Berkadia represented the seller in the transaction. The buyer repped themselves. The acquisition financing for the buyer was arranged by Kevin Mignogna, Charlie Haggard, Michael Beach, Lee Scott and Joey Guarino, also of Berkadia.
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