Apartment for sale in Southern California — $3,200,000. 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…
$3,200,000
517 Loma, Los Angeles, CA 90017
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.
Listing updated: May 30, 2026 at 7:14 PM
Listed by: Robert Chou, Golden Compass Realty, Inc
Source: CRMLS, MLS#: OC26040247, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
5/30/2026 Source: CRMLS, #OC26040247 | Price change | $3,200,000-5.9% |
| 2/23/2026Source: CRMLS, #OC26040247 | Listed for sale | $3,400,000 |
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