List Search

415 Loma Dr
Los Angeles, CA 90017 Westlake North

$1,795,000 USD

Apartments For Sale  •  5,579 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,579 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1953
  • Cap Rate 6.80 %
  • Zoning LAR4
100 Transit Score
80 Walk Score

Highlights

415 Loma Drive is a 9-Unit Apartment Community Situated in the Westlake North Neighborhood
The Property has been Extensively Renovated Throughout, with Over $700,000 of Capital Improvements Completed By the Ownership
Secured Code-Gated Access Along with Six (6) Parking Spots On-site
Large Community Backyard Space Offers ADU Development Opportunity
Strong In-Place Cash Flow at a 6.8% CAP Rate with More Than 26% Upside in Rents
Turnkey 2-Bedroom Units Feature a Private and Spacious Sundeck Patio

Property Flyers

Financial Summary (Actual)

Net Operating Income: $122,004 USD (2025)
Cap Rate: 6.80 %
Total Expenses: $54,621 USD

Public Transportation

Commuter RailDriveWalkDistance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 2.6 mi
12 min - 5.9 mi
Transit/SubwayDriveWalkDistance
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.7 mi
7th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 26 min - 13.9 mi
Los Angeles International 26 min - 18.1 mi
Long Beach (Daugherty Field) 32 min - 23.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Covered
Included in Rent: Yes
Sean Nami 310-279-7779 Lyon Stahl Investment Real Estate
Sean Nami 310-279-7779 Lyon Stahl Investment Real Estate