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415 Loma Drive, Los Angeles, CA 90017

Los Angeles
Local realty services provided by:CENTURY 21 Discovery
415 Loma Drive,Los Angeles, CA 90017
$1,525,000
  • 10 Beds
  • 9 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: sean namigohar
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26873261
Source:CRMLS

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Price summary

  • Price:$1,525,000

About this home

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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Home facts

  • Year built:1953
  • Listing ID #:26873261
  • Added:74 day(s) ago
  • Updated:October 31, 2026 at 07:23 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:9

Structure and exterior

  • Year built:1953

Finances and disclosures

  • Price:$1,525,000

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:6
  • Parking description:Garage
  • Garage:Yes
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