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$3,500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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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.

Full Property Details for 517 Loma

General

  • Price: $3,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26040247
  • Updated: 2/23/2026
  • Days on Market: 2 days
  • Added to Site: 2 day(s) ago

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, Washer Hookup

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Assigned, Carport
  • Parking: Assigned, Carport

Location

  • Area: C42 - Downtown L.A.
  • County: Los Angeles
  • Development Name: C42 - Downtown L.A.
  • Driving Directions: From I-10. Exit Alvarado St North, right on 7th St, right on Coronado St, left on Loma Dr.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 13
  • # Electric Meters: 13

Structural Information

  • Entry Location: side of building.
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 8,704
  • Year Built: 1954

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 3
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 4
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 5
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 6
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Number of Units: 7
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 8
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 9
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 11

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 12

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1749
  • Lot Size (Sq. Ft.): 7,620
  • Lot Size Source: Assessor
  • Lot Description: Rectangular Lot, Near Public Transit, Park Nearby, Walking Street

Financial Considerations

  • Price Per Sq. Ft.: $402.11
  • Price Per Unit: 291667

Listed by Golden Compass Realty, Inc, Robert Chou

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Listing agent

— 517 Loma —

  • Robert Chou

    Golden Compass Realty, Inc

Robert@goldencompassre.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 517 Loma

School District:Los Angeles Unified School District
NameGradesDistance
Gratts Learning Academy For Young Scholars (Glays)
309 Lucas Avenue, Los Angeles, CA 90017
2-60.3 mi
Belmont Senior High School
1575 West 2nd Street, Los Angeles, CA 90026
9-120.4 mi
Miguel Contreras Learning Complex School
322 Lucas Avenue, Los Angeles, CA 90017
9-120.4 mi
Contreras Learning Center-Los Angeles School Of Global Studies
322 Lucas Avenue, Los Angeles, CA 90017
9-120.4 mi
Academic Leadership Community School
322 Lucas Avenue, Los Angeles, CA 90017
9-120.4 mi
Contreras Learning Center-School Of Social Justice
322 Lucas Avenue, Los Angeles, CA 90017
9-120.4 mi
Edward R. Roybal Learning Center
1200 Colton Street, Los Angeles, CA 90026
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 517 Loma Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/23/2026
Listed
$3,500,000
833.33%
MLS
6/20/2002
Sold
$375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 517 Loma

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,190
4%
$557,565
4%
2023
$7,867
4%
$536,056
2%
2022
$7,555
2%
$525,616
2%
2021
$7,417
-1%
$515,381
1%
2020
$7,474
3%
$510,134
3%
2019
$7,226
2%
$496,603
2%
2018
$7,091
3%
$486,867
2%
2017
$6,917
4%
$477,322
2%
2016
$6,669
1%
$467,964
2%
2015
$6,587
-2%
$460,936
2%
2014
$6,690
—
$451,908
—
2013
$6,685
—
$449,867
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 517 Loma

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Golden Compass Realty, Inc, Robert Chou

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517 Loma, Los Angeles, CA 90017 (MLS# OC26040247) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 517 Loma is currently listed for $3,500,000 and was received on February 23, 2026. Want to learn more about 517 Loma? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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