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Remodeled Apartment Building
For Sale
$1,795,000

415 Loma Dr, Los Angeles, CA 90017

Updated multifamily property with gated entry, resident parking, and select units featuring private sundeck patios.

Property Size5,404 SF
Days on Market13

Property Features for 415 Loma Dr

General Information

Standard status Active
Size 5,404 SF
Total Parking Spaces 6
Property subtype MULTI_FAMILY

Additional Details

Cap Rate 6.8%
Multifamily Units 9

Amenities

in-unit washer/dryers
recessed lighting
upgraded windows
modern appliances
updated electrical systems
copper plumbing
newer roof
secured code-gated access
spacious private sundeck patios
large community backyard

Building Details

Building Size 5,404 SF
Year Built 1953
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Sean Namigohar · License #01949705
Source: Milsteinestates
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 28 at 7:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

Built in 1953, this nine-unit apartment property has undergone extensive capital improvements, including remodeled residences, in-unit washer/dryers, recessed lighting, upgraded windows, modern appliances, updated electrical systems, copper plumbing, and a newer roof. Secured code-gated access, six on-site parking spaces, and private sundeck patios for select two-bedroom units add practical resident amenities.

The property is in Los Angeles’ Westlake North neighborhood, just south of West 3rd Street. Retail, dining, and ongoing neighborhood revitalization are within walkable reach, with access to Echo Park, Silver Lake, and Downtown Los Angeles. A large community backyard offers potential for future ADU development, while current operations reflect a 6.8% CAP rate and more than 26% rental upside.

Key Highlights

  • 9‑unit apartment property built in 1953
  • Remodeled units with in‑unit washer/dryers and modern appliances
  • Updated electrical systems, copper plumbing, upgraded windows, and newer roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Tanning Salon Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

8,140
Businesses Nearby

Demographics for 90017, CA

27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with gated entry, resident parking, and select units featuring private sundeck patios.
Where is this apartment building located?
The property is located at 415 Loma Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 9‑unit apartment property built in 1953; Remodeled units with in‑unit washer/dryers and modern appliances; Updated electrical systems, copper plumbing, upgraded windows, and newer roof
More about this property
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