About 415 Loma Drive
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.
Features of 415 Loma Drive
| MLS® # | 26873261 |
|---|---|
| Price | $1,795,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 5,404 |
| Acres | 0.22 |
| Year Built | 1953 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 415 Loma Drive |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90017 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Garage |
| Garages | Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Washer |
|---|---|
| Heating | None |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Stories | Multi/Split |
Additional Information
| Date Listed | August 17th, 2026 |
|---|---|
| Days on Market | 25 |
| Zoning | LAR4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sean Namigohar |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |