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517 LomaLos Angeles, CA 90017

For Sale

$3,500,000

Smart Buyer Rebate $35,000

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.

Listed by Robert Chou

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License #01897029

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Golden Compass Realty, Inc

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Robert@goldencompassre.com

Last updated February 23, 2026

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Source: CRMLS #OC26040247

Listing Facts

  • TypeMulti-family
  • NeighborhoodWestlake North
  • Days on Prevu21

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/23/2026
Listed by Golden Compass Realty, Inc
$3,500,000

Property Details for 517 Loma

Association

Amenities

  • Community Features: Street Lights, Sidewalks, Urban, Park

Exterior

Construction

  • Number Of Units Total: 12
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1954
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: side of building.

Measurements

  • Building Area Total: 8,704
  • Building Area Units: Square Feet
  • Lot Features: Near Park, Near Public Transit, Rectangular Lot, Walkstreet
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,620
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,620
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $255,154.00
  • Operating Expense: $76,960.00

Taxes

  • Parcel Number: 5153006015

Other

Location

  • Tax Lot: 33

Parking

Parking

  • Carport Spaces: 10
  • Carport: Yes
  • Parking Features: Assigned, Carport
  • Parking Total: 10

Utilities

Equipment

  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 517 Loma.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 517 Loma.

How does 517 Loma compare to other multi-family homes in Westlake North?

This multi-family home is listed 127% above the average price for multi-family homes in Westlake North and has been on the market for 95 less days than the typical home in this area.

517 Loma is a -bedroom multi-family home for sale in Los Angeles CA 90017. Listed on Prevu for 21 days at $3,500,000. This residence is located in Westlake North. The median listing price for multi-family homes in this area is $1,162,500. The home offers parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.