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Stacey Alysson Melman

415 Loma DR
Los Angeles, CA, 90017
$1,795,000
10 Beds
9 Baths
5,404 SqFt
0.22 Acres
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MLS #26873261 image #0
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.
AGENT: Sean Namigohar
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
415 Loma DR
Los Angeles, CA

Property Details

Price:
$1,795,000
MLS #:
26873261
Status:
Active
Beds:
10
Baths:
9
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Aug 17, 2026
Finished Sq Ft:
5,404
Total Sq Ft:
5,404
Lot Size:
9,668 sqft / 0.22 acres (approx)
Year Built:
1953
C42 – Downtown L.a.C42downtownla
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Schools

Interior

Cooling
NO
Heating
NO
Laundry Features
DINC, WINC
Levels
S

Exterior

Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$176,625
Net Operating Income
$122,004

Map

Community

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