517 Loma, Los Angeles, CA 90017
List Price: $3.2M
Listing Status: Active
Original List Price: $3.5M
0Days on Market: 96
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1954
Lot Size: 7,620 sq ft
Private Pool: Yes
MLS Number: OC26040247
About This Property
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 provided by: Robert Chou DRE #01897029 949-930-9991 Robert@goldencompassre.com, Golden Compass Realty, Inc
Source: CRMLS, MLS #: OC26040247
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.