517 Loma Los Angeles, CA $ 3,500,000
517 Loma
$ 3,500,000
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517 Loma

Los Angeles, CA, 90017
$ 3,500,000
Baths1.0 Sq 8,704

Monthly Estimate*

$ 21,550

Listed by Golden Compass Realty, Inc
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,500,000 with 1 full bath. This 8,704 square foot home was built in 1954 on a lot size of 0.1749.

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.

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1749

Year Built

1954

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC26040247

Days on Market

3

Features
General
Sewer Public Sewer
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1954
Tenant Pays Cable TV Electricity Gas Parking Fee
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 255154
Community Features Street Lights Sidewalks Urban Park
County Los Angeles
Net Operating Income 158747.1
Operating Expense 76960
Insurance Expense 11000
New Construction false
Property Type Residential Income
HOA false
Contingency 1031 exchange
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From I-10. Exit Alvarado St North right on 7th St right on Coronado St left on Loma Dr.
City Los Angeles
Entry Location side of building.
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 12
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 7620
Carport Spaces 10
Carport Y/N true
Number of Units Leased 12
Listing Terms Cash to Existing Loan Item1031Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 36000
Fuel Expense 2160
Trash Expense 5700
Water Sewer Expense 36000
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 33
Total Actual Rent 19462.8
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Parking Features Assigned Carport
Lot Features Near Park Near Public Transit Rectangular Lot Walkstreet
Water Source Public
Total Parking 10
Lot Size Area 7620
Number of Buildings 1
Building Area Total 8704
Lot Size Acres 0.1749
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 13
Number of Separate Electric Meters 13
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* Excluded Features
List By
Golden Compass Realty, Inc

Broker

Robert@goldencompassre.com

Email

Affordability Calculator

$21,550
Per Month
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Monthly Principal & Interest
$21,550
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/24/2026$3,500,000 Listed Price

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517 Loma, Los Angeles, CA, 90017 is a Multi-Family Home for sale at $3,500,000 with 8,704 sqft and a lot size of 0.1749. 517 Loma is a studio with 1.0 baths and was built in 1954. The property's zip code is 90017 which is in Los Angeles, CA