415 Loma Drive, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

415 Loma Drive

Los Angeles, CA 90017
10 Beds
9 Baths
5,404 Sq Ft
Built 1953
$1,795,000

Property Overview

Well-maintained 9-unit apartment community located in the desirable Westlake North neighborhood of Los Angeles. Ownership has invested over $700,000 in capital improvements, creating a turnkey asset featuring remodeled units with in-unit washer/dryers, recessed lighting, upgraded windows, modern appliances, updated electrical systems, copper plumbing, and a newer roof. The property also offers secured code-gated access, six on-site parking spaces, and spacious private sundeck patios for select two-bedroom units.The property delivers strong in-place cash flow at a 6.8% CAP rate while offering more than 26% rental upside. A large community backyard presents potential for future ADU development, providing additional value-add opportunities. Ideally situated just south of West 3rd Street, residents enjoy walkable access to popular retail, dining, and ongoing neighborhood revitalization, with convenient access to Echo Park, Silver Lake, and Downtown Los Angeles.

Home Details

Property type
Residential Income
Year built
1953
Living area
5,404 sq ft
Lot size
9,668 sq ft
Parking
6 spaces
Days on market
8
MLS status
Active
Zoning
LAR4

Features & Amenities

Appliances

  • Dryer
  • Washer

Parking

  • Garage

Community, Schools & Utilities

Utilities

Heating
None
Cooling
None
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Location & Neighborhood

415 Loma Drive

Los Angeles, CA 90017

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Frequently Asked Questions About 415 Loma Drive

Property type: Residential Income

The current asking price is $1,795,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 415 Loma Drive. Our team will confirm availability and timing.
This 10 bedrooms and 9 bathrooms property offers approximately 5,404 square feet of living space. It was built in 1953. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Sean Namigohar
Phone: 4242957220
MLS ID: CLW-C125370

Available property

$1,795,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.