CnC Realty
1 / 13

$3,200,000

517 Loma

Los Angeles, CA 90017

Active

1954

Year Built

Los Angeles

County

Apartment

Property Type

About this home

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.

Listed by Robert Chou · DRE #01897029 · Golden Compass Realty, Inc
MLS #1153407152
ListedFeb 23, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units12
RoofN/A
Garage Spaces0
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryWasher Hookup, Gas Dryer Hookup
Parking FeaturesAssigned, Carport
Parking Total10
Patio & PorchN/A
Entry Level1
Entry Locationside of building.
Common WallsNo Common Walls

Property Features

Lot Size0.17 ac
Lot FeaturesNear Park, Near Public Transit, Rectangular Lot, Walkstreet
ViewN/A
DirectionsFrom I-10. Exit Alvarado St North, right on 7th St, right on Coronado St, left on Loma Dr.

Community

AreaC42 - Downtown L.A.
School DistrictN/A

Tax & Financial

TermsCash To Existing Loan, Exchange1031
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$17,032/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 3:15 PM

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