The income house on Malaya Znamenskaya Lane was built in 1912 for the famous mathematician and educator Karl Karlovich Mazing, next to the Real School he headed. The Mazing family owned a significant plot of land in this area, which had previously belonged to various owners, including court intendant P.I. Mashkov and Colonel Ya.D. Lansky. In the 19th century, after the war of 1812, the plot was acquired for the Moscow branch of the Court Stable Office, where the Stallmeister House was located. In 1898, the property passed to Karl Mazing.

After acquiring the plot, Mazing began construction of a new building for the Real School, completed in 1901. At the same time, an income house was built at the corner of Znamenskaya and Kolymazhny Lanes, which has not survived. In 1912, another income house was erected next to the school, where one of the apartments was intended for the Mazing family. The building's design was developed by architect Grigory Fyodorovich Yartsev, who had previously taught at Mazing's school and was known as a landscape artist.

The six-story income house was built with an original facade and interior design. The neoclassical facade of the building is asymmetrical, adorned with bay windows and features minimalist decor. The entrance to the lobby and the window above it are richly decorated with stucco elements. The interior design of the building has largely been preserved, including the grand vestibule and staircase. The memorial apartment of Karl Mazing has remained almost in its original condition, including early 20th-century furniture.

The building is recognized as a cultural heritage site of regional significance. The apartment of Mazing often hosted notable contemporaries, such as opera singer L.V. Sobinov and writer V.A. Gilyarovsky. The house was also home to pianist D.S. Shor, actor M.F. Astangov, physicist A.Ya. Modestov, and scientist N.R. Briling.