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ResidentialIncome — 517 Loma, Los Angeles, CA

$3,200,000

517 Loma, Los Angeles, CA

$3,200,000 — 517 Loma, Los Angeles, CA — photo 1 $3,200,000 — 517 Loma, Los Angeles, CA — photo 2 $3,200,000 — 517 Loma, Los Angeles, CA — photo 3 $3,200,000 — 517 Loma, Los Angeles, CA — photo 4 $3,200,000 — 517 Loma, Los Angeles, CA — photo 5
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About this property

Well-located 12-unit apartment building in the heart of Westlake, directly across from LAPD Newton Division headquarters, which brings a real sense of stability and safety presence to the block. The property is fully occupied and currently produces steady rental income, making it suitable for an owner who wants cash flow from day one. Over time, rents have room to grow as units turn, and the underlying land sits in an area the City is actively encouraging more housing. It’s uncommon to find a Westlake property directly across from a police station with this level of zoning flexibility already in place. Opportunities with this combination of location, stability, and future potential don’t come up often — and when they do, they tend to move quickly.

Property details

Year built
1954
Property type
ResidentialIncome

Location

517 Loma • Los Angeles, CA 90017

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Listed by

Robert Chou · Golden Compass Realty, Inc

Listing courtesy of Golden Compass Realty, Inc. Information deemed reliable but not guaranteed.

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