$3,200,000
-$200,000517 Loma, Los Angeles CA 90017
Multi-Family (12 Units)
Property type
102 days
On market
$368
Price per sqft
0 cars
Garage
1954
Year built
7,620 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Robert Chou DRE #01897029, Golden Compass Realty, Inc
Listing updated: May 31, 2026 at 02:14am.
Last checked: Jun 5, 2026 at 02:00am
Source: CRMLS #OC26040247
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,068 | $12,816 | $22,800 | Unfurnished |
| 2 | 1 | 1 | — | $1,848 | $20,102 | $22,800 | Unfurnished |
| 3 | 1 | 1 | — | $1,133 | $13,594 | $22,800 | Unfurnished |
| 4 | 2 | 1 | — | $1,848 | $22,178 | $30,000 | Unfurnished |
| 5 | 2 | 1 | — | $1,952 | $23,426 | $30,000 | Unfurnished |
| 6 | 2 | 1 | — | $1,965 | $23,584 | $30,000 | Unfurnished |
| 7 | 1 | 1 | — | $1,249 | $14,988 | $22,800 | Unfurnished |
| 8 | 1 | 1 | — | $1,602 | $19,228 | $22,800 | Unfurnished |
| 9 | 1 | 1 | — | $1,098 | $13,171 | $22,800 | Unfurnished |
| 10 | 2 | 1 | — | $1,619 | $19,426 | $30,000 | Unfurnished |
| 11 | 2 | 1 | — | $2,159 | $25,911 | $30,000 | Unfurnished |
| 12 | 2 | 1 | — | $2,094 | $25,128 | $30,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 12
Separate Electric Meters: 13
Separate Gas Meters: 13
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 12
Total Actual Rent: $19,463
Tenant Pays: Cable Tv, Electricity, Gas, Parking Fee
Financial Snapshot
Gross Rent Multiplier
12.5x
List Price / Annual Gross Rent
Cap Rate
4.96%
NOI / List Price
Gross Scheduled Income: $255,154
Operating Expense: $76,960
Net Operating Income: $158,747
Annual Operating Expenses
Electric: $36,000
Gardener: $1,800
Fuel: $2,160
Insurance: $11,000
Professional Management: $0
Trash: $5,700
Water / Sewer: $36,000
Interior
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: Side Of Building.
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Near Park, Near Public Transit, Rectangular Lot, Walkstreet
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned, Carport
Garage Spaces: 0
Uncovered Spaces: 0
Carport Spaces: 10
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5153006015
Additional Parcels: No
Tax Lot: 33
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks, Urban, Park
Nearby Schools
Nearby schools around the 517 Loma, Los Angeles, CA 90017. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,560,000
Total Interest
$3,265,139
Total Payment
$5,825,139
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$19,664
per month
Property History for 517 Loma
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90017.
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