517 Loma, Los Angeles, California 90017
  • $3,200,000
  • $3,400,000

Overview

Property ID: OC26040247
  • Apartment, Residential Income
  • Property Type
  • 8704 Sqft
  • Area Size
  • 1954
  • Year Built

Description

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.

  • Address: 517 Loma
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90017
  • Country: US

Details

Updated on May 31, 2026 at 2:14 am
  • Property ID OC26040247
  • Price $3,200,000
  • Property Size 8704 Sqft
  • Land Area 0.1749 Acres
  • Year Built 1954
  • Property Type Apartment, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash to Existing Loan, 1031 Exchange
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Assigned, Carport
  • Community Features Street Lights, Sidewalks, Urban, Park

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