
$3,400,000
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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