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Listed by: Robert Chou (626) 382-6288 DRE #01897029 | Golden Compass Realty, Inc (949) 930-9991
$3,200,000
18 Beds
- 12 Baths
--sqft
517 Loma, Los Angeles, CA 90017
$3,200,000
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Apartment
Built in 1954
$-- HOA
7,620 sqft lot
--/sqft
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...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1954
HOA Fees
-
Finished Area
- sqft
Lot Size
7,620 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26040247
MLS Status
Active
Days on Market
158
Cumulative Days on Market
96
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