415 Loma Drive, Los Angeles, CA, 90017

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$1,795,000
54 Days On Site

415 Loma Drive
Los Angeles, CA 90017

For Sale|Residential Income|Active
10
Beds
9
Total Baths
5,404
SqFt
$332
/SqFt
1953
Built
County:
Los Angeles
Listed by Sean Namigohar of Lyon Stahl Investment Real Estate, Inc. sean@lyonstahl.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
415 Loma Drive415 Loma Drive415 Loma Drive415 Loma Drive
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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.

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Listing Snapshot
Price 
$1,795,000
Days On Site 
54 Days
Bedrooms 
10
Inside Area (SqFt) 
5,404 sqft
Total Baths 
9
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2219 Acres
Year Built 
1953
MLS® Number 
26873261
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.2219
Garage 
Yes
Levels 
Multi/Split
Parking 
Garage
Parking Spaces 
6
Special Circumstances 
Standard
SqFt Total 
5404
Zoning 
LAR4
Interior Features
Appliances 
DryerWasher
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Community Features
MLS Area 
C42 - Downtown L.A.


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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