$1,795,000

415 Loma Drive, Los Angeles, CA 90017

  • 5,404 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon9,666sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $332/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Well-maintained 9-unit apartment community located in the desirable Westlake North neighborhood of Los Angeles. Ownership has invested over $700,000 in capital improvements, creating a turnkey asset featuring remodeled units with in-unit washer/dryers, recessed lighting, upgraded windows, modern appliances, updated electrical systems, copper plumbing, and a newer roof. The property also offers secured code-gated access, six on-site parking spaces, and spacious private sundeck patios for select two-bedroom units.The property delivers strong in-place cash flow at a 6.8% CAP rate while offering more than 26% rental upside. A large community backyard presents potential for future ADU development, providing additional value-add opportunities. Ideally situated just south of West 3rd Street, residents enjoy walkable access to popular retail, dining, and ongoing neighborhood revitalization, with convenient access to Echo Park, Silver Lake, and Downtown Los Angeles.

Listing Status:
Active
Date Added:
August 17, 2026
Data Last Updated:
August 24, 2026 at 2:09PM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Sean Namigohar : 424-295-7220
MLS ID:
CL26873261
  • Appliances: Dryer
  • Laundry: DryerWasher
  • A/C: None
  • Heating: None
  • Parking: Other
  • County: Los Angeles
  • Zoning: LAR45153006010

This listing courtesy of Sean Namigohar , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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