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Berkshire Hathaway HomeServices California Properties

517 Loma, Los Angeles, CA 90017

$3,200,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Robert Chou | Robert@goldencompassre.com
Lic#: 01897029
Broker: Courtesy of Golden Compass Realty, Inc
Phone: 949-930-9991

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: OC26040247

List price is $3,200,000 Reduced by $200,000 on 5/31/2026

Price: $3,200,000

Rental Rate: $3,200,000

Lot Size:

HOA Fee is $0.00

Built in 1954

2 stories

0.17 acres

County: Los Angeles

Parking description: Assigned,Carport

Lot description: Near Park,Near Public Transit,Rectangular Lot,Walkstreet

Last Updated: 6/11/2026

Days On Market (DOM): 164

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Lat/Long: 34.057118, -118.267829.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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.

Financials

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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