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398 Loma Dr

398 Loma Dr
Los Angeles, California 01

    Nestled in the heart of a thriving Los Angeles neighborhood, this property offers a strategic location and remarkable potential for growth. With a unit mix of 20 one-bedroom, one-bathroom apartments, this character-rich building presents an attractive opportunity for both seasoned and new investors. The property is individually metered for gas and electricity and features individual water heaters, offering tenants independence and reducing operating costs. Situated on a desirable corner lot, this property provides easy access to major freeways, including the 101 and 110, ensuring seamless connectivity throughout the city. Residents will appreciate the convenience of nearby transit options such as the Westlake/MacArthur Park and 7th Street/Metro Center Stations. Additionally, the area boasts a wealth of amenities, from the renowned Loyola Law School to shopping destinations like Home Depot and local boutiques. Cultural landmarks, including The Broad Museum, the Museum of Contemporary Art, and the Grammy Museum, are just a short distance away, as are vibrant entertainment venues such as Crypto.com Arena and the LA Convention Center. The property’s prime location makes it a sought-after residence for tenants seeking proximity to both work and leisure. With significant rental upside, this property represents a unique opportunity to capitalize on Los Angeles' bustling real estate market. Don't miss the chance to invest in a property that combines character, convenience, and growth potential.

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Status: For Sale
Icon 20 Units
Icon 13,971 SF/Lot
Icon LAR4 Zoning
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Agent
James Antonucci
Senior Vice President of Investments
BRE 01822661
Agent
Mike Pesci
Senior Vice President of Investments
BRE 01274379
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