415 Loma Dr, Los Angeles, CA 90017
415 Loma Dr, Los Angeles, CA 90017
415 Loma Dr, Los Angeles, CA 90017
415 Loma Dr, Los Angeles, CA 90017
415 Loma Dr, Los Angeles, CA 90017
415 Loma Dr, Los Angeles, CA 90017
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Shantrece Thomas

Shantrece Thomas

+1(904) 760-6560
$ 1,795,000
Est. payment | /mo

10 Beds

9 Baths

5,404 SqFt

Save
$ 1,795,000
Est. payment | /mo
Save

10 Beds

9 Baths

5,404 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,404 sqft

Price per Sqft $332

MLS Listing ID 26873261

Bedrooms 10

Year Built 1953

Lot Size 9,668 Sqft

Acres 0.2219

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment Washer, Dryer

Exterior

Parking Features Garage

Garage Spaces 6.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida 32202, United States

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415 Loma Dr