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30844294
30844295

517 Loma, Los Angeles, CA 90017

RC
CA 02024935
$3,400,000
101 days on market
Updated 68 days ago

517 Loma

Details
APN 5153006015
Property Type Multifamily
Sub Type Apartment Building
Units 12
Buildings 1
Stories 2
Acreage 0.175
Zoning Public Rec

Multifamily | 12 Units

Marketing 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. Its 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 dont come up often and when they do, they tend to move quickly.
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RC
CA 02024935

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Additional Information

Name
Robert Chou
License
02024935
Brokerage
Golden Compass Realty
Brokerage Phone
949-930-9991
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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