$1,795,000
 $9,636 est/mo Sourced by Back At You

415 Loma Drive,Los Angeles, CA 90017

Los Angeles, CA 90017

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Description

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.

Details

MLS #26873261
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1953
Days On Site32
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Sean Namigohar

Features

Bed(s)10
Bath(s)9
SQ Feet5,404
Units9
Building(s)9
ZoningLAR4
Acreage0.22

Interior

CoolingNone
HeatingNone
Heating Yes / NoNo
Cooling Yes / NoNo
AppliancesDryer, Washer

Parking

Parking FeaturesGarage
Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90017
AreaC42 Downtown L.A.
Listing VS Median (in 90017)
Price:
$1,795,000
low | high
Med:
$477,000
100% of Average
sqft:
5,404
low | high
Med:
1,180
100% of Average
$ / sqft:
$332
low | high
Med:
$404
28.300930078844% of Average
On site:
32
low | high
Med:
195
16.410256410256% of Average
Sourced by Back At You

Market Activity 90017

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Contact

Learn More About This Property

Stephen Jacobs

Stephen Jacobs

Desert Lifestyle Properties

00927784Accredited Buyer Representative, Resort Certification, Green Designated (760) 413-0117stephen@withaph.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90017
AreaC42 Downtown L.A.
Listing VS Median (in 90017)
Price:
$1,795,000
low | high
Med:
$477,000
100% of Average
sqft:
5,404
low | high
Med:
1,180
100% of Average
$ / sqft:
$332
low | high
Med:
$404
28.300930078844% of Average
On site:
32
low | high
Med:
195
16.410256410256% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.346M - $2.243M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
316 Columbia Avenue Property Photo 1
$2,250,000
316 Columbia Avenue
Los Angeles, CA 90017
Listing Updated: August 21, 2026 at 10:08:28 PM PDT

Stephen Jacobs - Desert Lifestyle Properties