517 Loma, Los Angeles, CA — listing photo 1
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FOR SALE

517 Loma

Los Angeles, CA 90017
7,620 Lot Sq Ft
Built 1954
$3,200,000
Price ReducedWas $3,500,000 — $3,200,000 (-$300,000)

Property Overview

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.

Home Details

Property type
Residential Income - Apartment
Year built
1954
Lot size
7,620 sq ft
Parking
10 spaces
Carport
10 spaces
Stories
2
Days on market
96
MLS status
Active

Features & Amenities

Parking

  • Assigned
  • Carport

Pool

  • None

Lot

  • Near Park
  • Near Public Transit
  • Rectangular Lot
  • Walkstreet

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

517 Loma

Los Angeles, CA 90017

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Frequently Asked Questions About 517 Loma

Property type: Residential Income

The current asking price is $3,200,000. 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 517 Loma. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1954. 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 96 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: Robert Chou
MLS ID: OCCHOURO

Available property

$3,200,000

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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.