$3,400,000

517 Loma, Los Angeles, CA 90017

  • 8,704 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $391/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
February 23, 2026
Data Last Updated:
April 4, 2026 at 7:06AM
Listing Office:
Golden Compass Realty, Inc : 949-930-9991
Listing Agent:
Robert Chou :
MLS ID:
CROC26040247
  • Laundry: Other
  • Parking: AssignedOther
  • HOA Amenities: 0.0
  • County: Los Angeles
  • Zoning: 5153006015

This listing courtesy of Robert Chou , Golden Compass Realty, Inc

Monthly Payment

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

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Location

Schools Nearby

E

Esperanza Elementary

680 Little St, Los Angeles, CA, 90017

Grades KG-5

0.29 miles away

J

John Liechty Middle School

650 S Union Ave, Los Angeles, CA, 90017

Grades 6-8

0.19 miles away

M

Miguel Contreras Learning Complex - Academic Leadership Community

322 Lucas Ave, Los Angeles, CA, 90017

Grades 9-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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