- 18 Beds
- 12 Baths
- .17 Acres
- 38 DOM
517 Loma
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.
Essential Information
- MLS® #OC26040247
- Price$3,400,000
- Bedrooms18
- Bathrooms12.00
- Acres0.17
- Year Built1954
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address517 Loma
- AreaC42 - Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90017
Amenities
- Parking Spaces10
- ParkingAssigned, Carport
- GaragesAssigned, Carport
- PoolNone
Interior
- # of Stories2
- StoriesTwo
Exterior
Lot Description
Near Park, Near Public Transit, Rectangular Lot, Walkstreet
Additional Information
- Date ListedFebruary 23rd, 2026
- Days on Market38
Listing Details
- AgentRobert Chou
- OfficeGolden Compass Realty, Inc
Price Change History for 517 Loma, Los Angeles, (MLS® #OC26040247)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,500,000 to $3,400,000 |
Robert Chou, Golden Compass Realty, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of April 2nd, 2026 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.