517 Loma, Los Angeles, CA 90017
517 Loma, Los Angeles, CA 90017
517 Loma, Los Angeles, CA 90017
517 Loma, Los Angeles, CA 90017
517 Loma, Los Angeles, CA 90017
517 Loma, Los Angeles, CA 90017
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Gatehouse Properties

Gatehouse Properties

+1(714) 743-9882
$ 3,200,000
Est. payment | /mo

7,618 Sqft Lot

Save
$ 3,200,000
Est. payment | /mo
Save

7,618 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26040247

HOA Y/N No

Year Built 1954

Lot Size 7,618 Sqft

Property Sub-Type Apartment

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Assigned, Carport

Carport Spaces 10

Pool None

Community Features Street Lights, Sidewalks, Urban, Park

Total Parking Spaces 10

Private Pool No

Building

Lot Description Near Park, Near Public Transit, Rectangular Lot, Walkstreet

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5153006015

Energy Description 2160.0

Acceptable Financing Cash to Existing Loan, 1031 Exchange

Listing Terms Cash to Existing Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Robert Chou Golden Compass Realty, Inc Robert@goldencompassre.com, DRE #01897029

NEARBY SCHOOLS & PROPERTIES

Gatehouse Properties

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from GateHouse Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

517 Loma

QUICK SEARCH
There are 30 quick searches